Previous Silicon Valley Bank executive worked at Lehman Brothers'

This is truly unusual.

Meet Joseph Gentile.

He was the Chief Administrative Officer at Silicon Valley Bank.

Prior to joining the firm in 2008, he served as the CFO for Lehman Brothers’ Global Investment Bank.

Lehman Brothers' collapsed in 2007.

His bio further says: Prior to that, he served as CFO of the Global Corporate and Investment Bank at Bank of America, where he led the Capital Markets Division.  In addition he was the CFO for the Private Bank. Previously, Mr. Gentile spent more than 10 years with J.P. Morgan in various financial management positions, including Global Head of Financial Risk Management. He started his career at Arthur Andersen.

Silicon Valley Bank has collapsed, the largest bank since 2008.

Silicon Valley was the 16th largest bank in the US, holding $210 billion in assets.

Additionally, before the collapse of Silicon Valley Bank, $SIVB, the CEO sold $3.57 million of stock within the last two weeks.

Read more: https://unusualwhales.com/news/numerous-corporate-executives-sold-silicon-valley-bank-sivb-stock-before-the-collapse

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