REPORT TO DEFERRED COMPENSATION COMMITTEE
SUBJECT
Title
Informational Report on Silicon Valley Bank and Signature Bank NY Exposure to the City’s Deferred Compensation Plan presented by the Hyas Group
Report
DISCUSSION
This is an informational report to the City’s 457 Deferred Compensation Plan Committee on the Silicon Valley Bank and Signature Bank NY Exposure to the City’s Deferred Compensation Plan.
As this is an informational report only, no action is taken by the Committee.
RECOMMENDATION
Recommendation
Staff recommends no action.
ATTACHMENT
1. Hyas - City of Santa Clara Regional Bank Exposure