lasssilver t1_jc8oplm wrote on March 15, 2023 at 2:13 AM

Reply to comment by keptman77 in Silicon Valley Bank posted 'financial crimes' senior manager job listing just before closure by carolinaindian02

And regulations were clearly being followed to the tee here at SVB.

keptman77 t1_jc8w01j wrote on March 15, 2023 at 3:06 AM

Two different organizational issues. Complying with anti-money laundering laws are completely separate from the investment side of the business, which is where SVB failed. You can comply in one segment and be negligent in another. As far as I have read, SVB hasnt yet been accused of disregarding laws related to AML compliance.