The demise of Silicon Valley Bank amid a run on deposits has shined a light-weight on inventory gross sales carried out by officers on the financial institution’s dad or mum, SVB Financial Inc., days earlier than the financial institution failed.
But even earlier than that, executives had loved beneficiant compensation since a rollback of Dodd-Frank banking rules in 2018 that vastly favored the financial institution, based on Accountable.US, a liberal-leaning advocacy group, following a evaluate of regulatory filings.
The…
Source web site: www.marketwatch.com