Silicon Valley Bank workers were paid bonuses just hours before it collapsed, report says
The report didn't say how much the payouts totaled, but according to the
, bonuses range from just under $12,000 for associates to up to about $140,000 for managing directors. Other roles could get as little as $2,263.as the bank's non-US operations have not been affected. The bank's CEO, Greg Becker, sent a two-minute video to employees Friday, telling them he no longer made decisions amid the collapse, per CNBC.
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