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Silvergate Bank to cut 230 staff as it winds down
By Mike Dalton at 2026-05-06 09:26
Sentiment: Negative
Silvergate Bank will significantly reduce its staff headcount as it winds down operations, according to an SEC filing submitted May 11. The failed crypto-friendly bank will let go of about 230 employees on May 12, leaving just 80 officers and employees at the firm. The remaining staff will continue to pursue the company’s liquidation, will […] The post Silvergate Bank to cut 230 staff as it winds down appeared first on CryptoSlate. Continue reading...
Categories: Banking
Tags: #Banking #Bankruptcy
Source CryptoSlate