SVB's collapse is a story of ambition, administration errors, and specializing in innovation over the mundane work of managing danger and guaranteeing monetary prudence (Maureen Farrell/New York Occasions)

Maureen Farrell / New York Occasions:
SVB’s collapse is a story of ambition, administration errors, and specializing in innovation over the mundane work of managing danger and guaranteeing monetary prudence — Whereas its chief extolled innovation and the way forward for tech, the financial institution paid much less consideration to danger administration and was caught flat-footed by financial change.
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