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6 Ways To Respond In The Wake Of The Silicon Valley Bank Failure

Chief Executive

Damage also was contained from the ends of two other banks that have operated on the fringes of the financial industry, in cryptocurrency: Silvergate and Signature Bank. And the company’s financial-management practices left it uncommonly exposed to damage from the Fed’s two-year program to spike interest rates. bank of scale.

Banking 98
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Guardian Pharmacy Services Model Grows Through Today’s Obstacles

Chief Executive

Formerly head of Central Pharmacy Services and a long-time executive in the pharmaceutical benefit-management industry, Morris co-founded the Atlanta-based outfit in 2004 with president and CEO Fred Burke, and executive vice president of sales and operations Kendall Forbes. The long-term-care part of the U.S.

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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

Most of SVB’s deposits were from Silicon Valley startup companies and their venture capital backers, who parked money at the bank that the companies used for day-to-day operations, including paying employees. Q: Were the takeovers the result of systemic weaknesses, poor management or panicked investors?

Banking 52
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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

Most of SVB’s deposits were from Silicon Valley startup companies and their venture capital backers, who parked money at the bank that the companies used for day-to-day operations, including paying employees. Q: Were the takeovers the result of systemic weaknesses, poor management or panicked investors?

Banking 59
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The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. Operating income. Operating Expenses. Study the Balance Sheet. A Lack of Business Acumen Exists.