SVB had NO head of ‘risk assessment’ for nine months before it collapsed… as woke boss for Europe, Middle East and Africa was busy organizing a month-long Pride campaign and a ‘Lesbian Visibility Day’
Tuesday, March 14, 2023 by: News Editors
(Natural News) Collapsed lender Silicon Valley Bank operated without a chief risk officer between April 2022 and January 2023 while the operation’s United Kingdom-based Head of Risk stands accused of prioritizing pro-diversity initiatives over her actual role.
(Article by Helena Kelly republished from DailyMail.co.uk)
This revelation comes after the firm became the largest bank to collapse since the 2008 financial crisis – disclosing a $1.8 billion loss in its finances.
SVB’s former head of risk, Laura Izurieta, who formerly performed a similar role for Capital One, left the bank in April 2022. She wasn’t replaced until January 2023 when the bank hired Kim Olson, formerly of Japanese bank Sumitomo Mitsui.
https://www.naturalnews.com/2023-03-14-svb-had-no-head-of-risk-assessment.html#
