On Friday, SVB was taken over by regulators after massive withdrawals a day earlier effectively created a bank run.
When asked if he would rule out some kind of government assistance in the future, Lehmann answered: "That's not the topic." "We are regulated, we have strong capital ratios, very strong balance sheet.
We are all hands on deck. So that's not the topic whatsoever."2023 and 2024 are the years for the bank to stabilize, Lehmann said, with a focus on global wealth management business in Asia, in the Middle East and in Latin America.
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