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Transcripts For BBCNEWS Asia 20240706



bank and signature bank are facing lawmakers who blame the poor management for the banks failures. the bank ran into trouble after depositors removed their funds causing a panic within the banking system. congress want to know what went wrong. it was the first time anyone had heard from the former ceo of silicon valley bank after the spectacular collapse of the financial institution, he ran for more than a decade. becker apologised what happened but did not seem to take any responsibility for the eventual collapse. in the former executives that were there were slammed for the millions of dollars they received compensation. they were asked if they had any intention of returning some of those funds. how much of the $40 million did you earn from loading up banks with this? are you planning to return to the fdic was yellow compensation, there s been a lot of talk about it long term and short term. i lot of talk about it long-term and short-term. lot of talk about it long-t ....

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Transcripts for BBCNEWS Asia Business Report 20240604 23:31:00

Bank and signature bank are facing lawmakers who blame the poor management for the banks failures. the bank ran into trouble after depositors removed their funds causing a panic within the banking system. congress want to know what went wrong. it was the first time anyone had heard from the former ceo of silicon valley bank after the spectacular collapse of the financial institution, he ran for more than a decade. becker apologised what happened but did not seem to take any responsibility for the eventual collapse. in the former executives that were there were slammed for the millions of dollars they received compensation. they were asked if they had any intention of returning some of those funds. how much of the $40 million did you earn from loading up banks with this? are you planning to ....

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