SQUAWK/NEWS
Account
Theme
Account
Menu
Live News CRYPTO FLASH L impact

Silvergate ex-CEO Alan Lane cites Biden pressure behind 2023 wind-down

In a Tuesday Substack post, former Silvergate Bank CEO Alan Lane said Biden administration political and regulatory pressure drove the bank’s voluntary wind-down in 2023, adding the bank remained solvent after a deposit run.

This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.