The chief executive's bonus peaked the year SVB increased profitability by making risky investments.
In the same year, SVB had amassed a $125 billion securities portfolio which at the time likely didn't appear such a risky investment. But as the Federal Reserve hiked interest rates last year in an attempt to drive down rising inflation, the price of SVB's bonds fell and the bank's portfolio lost significant value. Last year, the portfolio lost $15 billion in value.
That, together with a growing number of struggling tech companies drawing on their deposits with the bank,
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