Becker is an old employee of Silicon Valley Bank. He worked in a bank for 30 years, and he rose from the most basic loan officer to CEO. He also witnessed the rapid rise and sudden collapse of Silicon Valley banks. Under his leadership, Silicon Valley Bank was once rated as one of the best banks in the United States and became the world's leading innovative financing institution.

Becker is very popular in California's tech start-up circle because he is more courageous and creative than those conservative bankers in new york. He positioned himself as an "advocate of innovative economy". In his official resume, he described himself as "an entrepreneur, investor and enterprise advocate in the field of international innovation".

A few weeks before the Silicon Valley Bank thundered, Becker looked forward to the future in an interview with American Consumer News and Business Channel, and optimistically predicted that 2023 would once again usher in brilliant achievements. 24 hours before bankruptcy, Becker personally called customers to assure them that their money was safe.

Bank failures in Silicon Valley, USA

On March, 2023 10, local time, according to the statement issued by the Federal Deposit Insurance Corporation of the United States, the California Department of Financial Protection and Innovation announced the closure of the Silicon Valley Bank of the United States on the same day, and appointed FDIC as the bankruptcy administrator and the Federal Deposit Insurance Corporation as the receiver.

March 12, 2023 According to Bloomberg, citing people familiar with the matter, the American regulatory agency responsible for supervising the emergency spin-off of Silicon Valley Bank Financial Group is urgently selling the bank's assets and returning some unsaved funds to customers as soon as Monday local time.

On March 12, 2023, the US Treasury, the US Federal Reserve Board and the US Federal Deposit Insurance Corporation issued a joint statement, announcing actions to ensure the safety of depositors in deposit institutions such as Silicon Valley Bank. The statement said that from March 13, depositors of Silicon Valley Bank will be able to use all funds. Any losses related to the problems solved by Silicon Valley Bank will not be borne by taxpayers.