Former Silicon Valley Bank CEO Greg Becker defends his remuneration and won’t give up $10 million

Greg Becker, the former CEO of Silicon Valley Bank, has come under fire for his role in the bank’s failure

Becker attempted to distract attention away from management failure during his Tuesday testimony before the Senate Banking Committee by attributing the bank’s collapse in March to unusual circumstances

Elizabeth Warren, a Massachusetts Democrat, questioned Becker, who said, “I promise to cooperate with the regulators as they do a review.

Becker defended the validity of the stock transactions at the court on Tuesday.

While being questioned, Scott Shay, the former chairman of Signature Bank, opted not to commit to repaying any of his income.