Tag Archives: Financial Services

Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDIC

Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDIC

Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal Deposit Insurance Corp, the regulator that took control of the collapsed lender on Friday, Reuters reported Saturday. Workers will be enrolled and given information about benefits over the weekend by the FDIC, and healthcare details will…

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