SVB Wine Survey Open
The 2023 SVB Direct to Consumer Survey is now open, Rob McMillan, executive VP and head of Silicon Valley Bank's Wine Division said. He requested wineries and others to contribute to the survey.
Writing on LinkedIn the mornng the Feds took control of First Republic Bank and immediately sold it to JPMorgan, McMillan referred back to SVB's collapse and sale by the Feds to First Citizens Bank.
"After four weeks working under our new owner, #FirstCitizensBank, I can say with confidence their purchase of SVB was the best possible outcome for clients, employees, and the #wineindustry," he wrote.