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Did Silicon Valley Bank prioritize social justice over risk management?

After one of the biggest banks in the technology startup lending space collapsed last week, President Joe Biden tried to reassure Americans that their banking system was still safe. But if bank examiners are not doing their job, which was the fundamental problem in the Silicon Valley Bank crash, then customers’ deposits are not safe.

Silicon Valley Bank Collapse Shows Banks Need Risk Management, Not ESG Policies

After one of the biggest banks in the technology startup lending space collapsed last week, President Joe Biden tried to reassure Americans that their banking system was still safe.

Did Silicon Valley Bank prioritize social justice over risk management?

Did Silicon Valley Bank prioritize social justice over risk management?
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