Email: SVB's new CEO Tim Mayopoulos says SVB NA, a new FDIC-run "bridge-bank", with deposits protected by the FDIC, is "open and conducting business as usual" (Natasha Mascarenhas/TechCrunch)

Natasha Mascarenhas / TechCrunch:
Email: SVB's new CEO Tim Mayopoulos says SVB NA, a new FDIC-run “bridge-bank”, with deposits protected by the FDIC, is “open and conducting business as usual”  —  The former Fannie Mae exec says new deposits will be protected by the FDIC

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