"Marc Cadieux, Silicon Valley Bank president, pushed back hard...“We never left,” he said on stage, expressing frustration with the “false narrative” about the bank’s demise and noting that 81% of the old bank’s clients had stuck around."" @EricNewcomer's banking summit: https://t.co/fcQk1OeaSN
A year after imploding, Silicon Valley Bank tries to make a comeback | Coverage from yesterday's Newcomer Banking Summit https://t.co/kPy12k2v8q @GerritD @washingtonpost
Newcomer Banking Summit: All Eyes on Silicon Valley Bank https://t.co/oHg8NbhhlX
Silicon Valley Bank, which faced the third-largest bank failure in U.S. history, is back under new management. Despite skepticism from some techies, the bank is making a comeback after a year. The bank's president, Marc Cadieux, emphasized that they never left and highlighted that 81% of the old bank's clients remained. The Newcomer Banking Summit featured discussions on the bank's resurgence.