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Bob Pickard, a Canadian national and former global communications chief for the AIIB, announced his resignation in a scathing social media post on Wednesday. The AIIB earlier on Wednesday said it had accepted Pickard's resignation and called his comments "baseless and disappointing. China's foreign ministry and Canada's embassy in China did not immediately respond to requests for comment. China is an important member of the AIIB and has always followed multilateral rules and procedures, the embassy said. The clash marks a new dip in bilateral relations between Canada and China, which have been frosty for the last five years.

Persons: Bob Pickard, Xi Jinping, AIIB, Pickard, I've, Michaels, Chrystia Freedland, Laurie Chen, John Geddie Organizations: Infrastructure Investment Bank, Chinese Communist Party, Canadian, World Bank, Reuters, Communist, Party, Canadian Finance, Ottawa, Beijing, Thomson Locations: BEIJING, Beijing, Ottawa, Canada, Japan, China, China's, Canadian, Shanghai, Toronto, Lincoln

Exports and factory output in the world's second-largest economy tumbled in May, as looming downturns force the United States and Europe to pare back orders for goods made in China. Some factories closed or are struggling to pay wages or severance for laid-off workers as a result, according to Chinese labour researchers. "We believe that the drop in manufacturing orders and that factory closures will continue," said Aidan Chau, researcher at Hong Kong-based rights group China Labour Bulletin (CLB). Labour unions were central to the Communist Party's proletariat beginnings but play only a marginal role in modern authoritarian China. However, some analysts say factory strikes could become a political headache for the Party.

Persons: pare, Aidan Chau, CLB, Dian, Xin Dian, Zhong Min, Xu Tianchen, Xu, Laurie Chen, Nicoco Chan, Marius Zaharia, Sam Holmes Organizations: China Labour Bulletin, Min, Goods Shenzhen Ltd . Co, Dian Cable Ltd . Co, Reuters, China's Ministry of Public Security, Ministry of Human Resources, Shenzhen, China Federation of Trade Unions, Manufacturers, Workers, Security, Labour, Party, Economist Intelligence Unit, Thomson Locations: BEIJING, United States, Europe, China, Hong Kong, Guangdong province, Shenzhen, Communist, Beijing, Shanghai

☆ A cluster of ancient neolithic standing stones in France were bulldozed to make way for a DIY store
▼ + stars: | 2023-06-09 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

39 ancient monoliths were swept away from a site in France to make room for a DIY store. The stones, thought to date back 7,000 years, are in a region famed for its standing stones. Montaubin is on the edge of the Carnac region of France famed for its menhirs, or ancient standing stones. The nearby tourist sites of Ménec, Kermario, and Kerlescan, which collectively hold around 3,000 ancient stones, are carefully managed. Mr BricolageThe UNESCO application, if it goes through, will see the sites more closely regulated.

Persons: —, Christian Obeltz, Olivier Lepick, Louise Chaulin, Mr Bricolage, Bricolage, Lepick, Obeltz Organizations: Service, UNESCO, Brittany Cultural Affairs Office, Agence France, Local Locations: France, Montaubin, Ouest, Carnac, Ménec, Brittany, UNESCO

☆ Fact Check-Clip of Donald Trump boarding Air Force One filmed in September 2020
▼ + stars: | 2023-06-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A clip of Donald Trump boarding Air Force One was filmed in September 2020, and not in June 2023 as claimed online. The video, filmed at night, shows former U.S. President Donald Trump walking up the steps to board the presidential plane, Air Force One, while his daughter Ivanka, her husband Jared Kushner and their children wait at the bottom of the stairs. The C-SPAN video shows Trump’s visit to Pittsburgh for a campaign rally on Sept. 22, 2020 at Pittsburgh International Airport, including boarding Air Force One afterwards. Trump can also be seen boarding Air Force One in a livestream uploaded by Right Side Broadcasting on Sept. 22, 2020 (timestamp 5.03.45s) (bit.ly/43rFZqI). The clip shows Donald Trump boarding Air Force One after a Sept. 22, 2020 rally in Pittsburgh.

Persons: Donald Trump, Ivanka, Jared Kushner, “, ”, Trump, Jared, Read Organizations: Air Force, TRUMP, SPAN, Pittsburgh International Airport, Right Side Broadcasting, New York Times, Agence France, Reuters Locations: Pittsburgh

Chinese dissident Wang Dan said Friday that an allegation against him of attempted rape was unfounded. Photo: nicholas kamm/Agence France-Presse/Getty ImagesIn late April, a fictional Netflix drama about Taiwanese politics went viral on the island with a story line about sexual-assault allegations that convulse the ruling party. A little more than a month later, the plot has crossed over into the real world, with potential ramifications for political forces that the U.S. relies on to keep pressure on China.

Persons: Wang Dan, nicholas kamm Organizations: Agence France, Netflix Locations: China

☆ Brazil Is Key to Slowing Global Warming. But Its Carbon Market Has Struggled.
▼ + stars: | 2023-06-07 | by ( Paulo Trevisani | ) www.wsj.com time to read: +8 min

With Brazil struggling in its efforts to create a regulated carbon market, the country’s new president is moving to scrap his predecessor’s approach and start anew. Financing carbon-capture projects such as reforestation could also generate carbon credits. For example, a local regulated carbon market could help exporters avoid the carbon border adjustment mechanism the EU plans to charge on some imported products from 2026. Exporters also hope a regulated market would help repair Brazil’s abysmal environmental reputation, a product of its history of deforestation. The da Silva administration plans to have a carbon market operating in a couple of years, Toni said.

Persons: Luiz Inácio Lula da Silva, Jair Bolsonaro, ”, Gustavo Pinheiro, Luiz Gustavo Bezerra, Mayer Brown, Pelerson Penido Dalla Vecchia, Antônio Queiroz, Bezerra, Ana Toni, Silva, Toni, da Silva, Marina Silva, Annie Groth, “, Paulo Trevisani Organizations: Brazil, Climate, Society, Union, Vale, Agence France, group’s, International Chamber of Commerce, EU, Sustainable Business, National Secretariat, Street, Brazil’s Ministry of Development, Industry, Trade, Services, Environmental Ministry, United Nations Locations: Brazil, Paris, Braskem, Brazilian, Pennsylvania, Peru, Dubai

Statements from Washington and Beijing on meetings between Daniel Kritenbrink, assistant secretary of state for East Asian and Pacific Affairs, and Chinese officials including Vice Foreign Minister Ma Zhaoxu were positive, describing the talks as candid and productive. But critics have questioned U.S. overtures to China, arguing that past decades of engagement have failed to change Beijing's behaviour. "We're working hard to manage the relationship as best as we possibly can," said Kritenbrink, when asked by reporters in Beijing on Tuesday about the current state of bilateral ties. Asked if Blinken would visit China soon, Kritenbrink said: "We'll see, I have nothing to announce." Reporting by Ryan Woo and Ella Cao; Editing by Kim Coghill and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Kritenbrink, Ma Zhaoxu, Kritenbrink, Lloyd Austin, Joe Biden's, Antony Blinken, Washington, Blinken, Biden, Xi Jinping, Ryan Woo, Ella Cao, Kim Coghill, Michael Perry Organizations: U.S, East Asian, Pacific Affairs, Foreign, U.S ., . Defense, U.S . State Department, ., Global Times, Economic Cooperation, APEC, Thomson Locations: BEIJING, China, Beijing, Washington, U.S, Chinese, Taiwan, South China, United States, Asia, San Francisco

BEIJING, June 2 (Reuters) - The Chinese envoy who toured European capitals last month seeking to promote Ukraine peace talks said on Friday that Beijing is considering another mission, after acknowledging that his trip may not produce immediate results. "China is willing to actively consider sending another delegation to relevant countries to engage in dialogue on resolving the Ukraine crisis," said Li, without elaborating on which countries. "As long as it's conducive to easing the situation, China is willing to do anything," he said. Earlier this year, China published a 12-point peace plan, calling for the protection of civilians and the sovereignty of all countries be respected. "I don't think we expect China to be a mediator, but it can use its influence on Russia and can help make it understand."

Persons: Li Hui, Li, Laurie Chen, Liz Lee, Ethan Wang, John Irish, Alexander Ratz, Robert Birsel, David Holmes Organizations: Thomson Locations: BEIJING, Ukraine, Beijing, Russia, Moscow, China, Kyiv, Warsaw, Paris, Berlin, Brussels, United States, Europe

☆ Why North Korea’s Latest Nuclear Claims Are Raising Alarms
▼ + stars: | 2023-06-02 | by ( Pablo Robles | Choe Sang-Hun | ) www.nytimes.com time to read: +17 min

North Korea has a track record of showing mockups of weapons still under development for the sake of propaganda. So far, North Korea has released photos of three nuclear devices, and the latest one — dubbed Hwasan-31, or “Volcano-31” — is by far the smallest. CHINA NORTH KOREA Pyongyang SOUTH KOREA Seoul CHINA NORTH KOREA YELLOW SEA Pyongyang Seoul SOUTH KOREA CHINA NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA Launched from vehicles NORTH KOREA Pyongyang SOUTH KOREA Seoul CHINA Launched from vehicles NORTH KOREA YELLOW SEA Pyongyang Seoul SOUTH KOREA CHINA Launched from vehicles NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA Launched from vehicles NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA Launched from train cars NORTH KOREA Pyongyang SOUTH KOREA Seoul CHINA Launched from train cars NORTH KOREA YELLOW SEA Pyongyang Seoul SOUTH KOREA CHINA Launched from train cars NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA Launched from train cars NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA Underwater launch NORTH KOREA Pyongyang SOUTH KOREA Seoul CHINA Underwater launch NORTH KOREA YELLOW SEA Pyongyang Seoul SOUTH KOREA CHINA Underwater launch NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA Underwater launch NORTH KOREA Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA NORTH KOREA Possible underground launch Pyongyang SOUTH KOREA Seoul CHINA NORTH KOREA Possible underground launch Pyongyang Seoul SOUTH KOREA CHINA NORTH KOREA Possible underground launch Pyongyang YELLOW SEA Seoul SOUTH KOREA CHINA NORTH KOREA Possible underground launch Pyongyang YELLOW SEA Seoul SOUTH KOREASince 2019, North Korea has launched missiles from locations scattered across the country. Satellites can help North Korea collect data from such long-range missile tests to improve its ICBM technology. If North Korea conducts another nuclear test, its seventh, it may be to show that its new and smaller Hwasan-31 nuclear warhead works.

Persons: Kim Jong, Kim, Kim’s, Donald J, Trump, Hwasan, James Martin, Dr, Markus Schiller, Lee Jong, ” Mr, Lee Organizations: Korean Central News Agency, Agence France, Presse Korean Central News Agency, Presse, North Korean, Washington, European Pressphoto Agency, Associated Press, European Pressphoto Agency Korean Central News Agency, Associated Press Korean Central News Agency, James Martin Center, Nonproliferation Studies, Institute for Science, International Security, Japan Ministry of Defense, Seoul SOUTH KOREA, U.S, SOUTH KOREA JAPAN Major U.S, Seoul SOUTH KOREA JAPAN Major U.S, CHINA RUSSIA NORTH, US Department of Defense, ST Analytics, South Korean Defense Ministry, CHINA NORTH, Seoul CHINA NORTH, Pyongyang, Pyongyang Seoul SOUTH KOREA, Seoul, KOREA, NORTH, KOREA CHINA NORTH, Pyongyang Seoul SOUTH KOREA CHINA NORTH, Seoul SOUTH, Reuters, North, South Korean, ”, South Locations: North, North Korea, Korea, Japan, Washington, Seoul, United States, Northeast Asia, U.S, South Korea, RUSSIA CHINA, Seoul SOUTH KOREA JAPAN, CHINA RUSSIA, CHINA RUSSIA NORTH KOREA, Kaesong, Presse, CHINA, CHINA NORTH KOREA Pyongyang, Seoul CHINA, Seoul CHINA NORTH KOREA, Pyongyang Seoul SOUTH, Pyongyang Seoul SOUTH KOREA CHINA, KOREA Pyongyang, KOREA CHINA, Pyongyang, NORTH KOREA Pyongyang, KOREA CHINA NORTH KOREA, Pyongyang Seoul SOUTH KOREA CHINA NORTH KOREA, Seoul SOUTH KOREA, Presse North Korea, North Korean

OSLO, June 1 (Reuters) - The U.S. will open its northernmost diplomatic station in the Norwegian Arctic town of Tromsoe, Secretary of State Antony Blinken said on Thursday, at a time when cooperation among the Arctic nations has been hit by Russia's invasion of Ukraine. "For us, the presence post in Tromsoe is really an ability to have a diplomatic footprint above the Arctic Circle," he said. It comprises the eight Arctic states of Russia, the United States, Canada, Finland, Norway, Iceland, Sweden and Denmark. Cooperation between the Western Arctic states and Moscow on the Arctic body is frozen since the invasion of Ukraine. "Our entire approach is to make sure that the Arctic remains an area of peaceful cooperation," he said.

Persons: Antony Blinken, Blinken, Gwladys Fouche, Terje Solsvik, Sriraj Kalluvila, Mark Potter Organizations: Arctic Council, Cooperation, Thomson Locations: OSLO, U.S, Norwegian, Tromsoe, Ukraine, United States, American, Oslo, Norway, Russia, Canada, Finland, Iceland, Sweden, Denmark, Moscow

Economists expect such examples to become increasingly common in coming years, as a glut of university graduates and a shortage of factory labour due to an ageing workforce deepen China's job market imbalances. The industries most popular among fresh Chinese graduates, such as tech, education, real estate and finance, have all faced regulatory crackdowns in recent years. Reuters Graphics'ROLL UP YOUR SLEEVES'It is unclear exactly how many graduates are taking jobs below their skill level, but state media has acknowledged the trend. President Xi Jinping repeatedly exhorted young people to "seek hardships" in a recent state media article emphasising his suffering during the Cultural Revolution. China's education and human resources ministries did not immediately respond to requests for comment.

Persons: Thomas Peter, Liang Huaxiao, Liang, Keyu Jin, Xi Jinping, today's, Chim Lee, Jobs, Han Zhaoxue, master's, Wang, Laurie Chen, Marius Zaharia Organizations: REUTERS, Economist Intelligence Unit, Thomson Locations: Beijing, China, BEIJING, Taiyuan, Shanghai, Jining

☆ Gucci-Owner Kering, Drugmaker GSK and Others Are Developing Global Targets on Nature Loss
▼ + stars: | 2023-05-25 | by ( Dieter Holger | ) www.wsj.com time to read: +6 min

Luxury group Kering and biopharma company GSK are among more than a dozen companies preparing targets to develop a gold standard for how businesses can protect nature. Yet the issues surrounding nature loss are complex and many companies are unsure how to measure it or what to do. The Taskforce on Nature-Related Financial Disclosures, a business-backed effort to protect biodiversity, is working on a reporting framework, and SBTN is developing standards to evaluate companies’ nature targets. “We expect that the landscapes will be similar [to the ones under the SBTN targets], ” Gonçalves Krebsbach said. In 2020, GSK started to map out stressed water basins in its supply chain.

☆ Fast fashion has spawned a mountain of leftover clothes in the Chilean desert that's so massive it can now be seen clearly from space
▼ + stars: | 2023-05-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A gigantic heap of unused clothes in Chile is so big that a satellite can easily spot it. High resolution images of the clothing dump was posted on May 10 by satellite photo app SkyFi. Much of the landfill contains clothes that couldn't sell in stores in the US, Europe, and Asia. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. At least 39,000 tons of those clothes accumulate in landfills in the Atacama Desert, the outlet found in 2021.

☆ Russian Shelling Knocks Out Power at Zaporizhzhia Nuclear Power Plant: Live Updates
▼ + stars: | 2023-05-22 | by ( Vivek Shankar | ) www.nytimes.com time to read: +2 min

Image The Zaporizhzhia nuclear power plant lost power early Monday morning, according to Energoatom, Ukraine’s state nuclear power company. Credit... Andrey Borodulin/Agence France-Presse — Getty ImagesRussian shelling again knocked out power to the Zaporizhzhia Nuclear Power Plant, which had switched to backup diesel generators to keep critical cooling equipment running, Ukrainian nuclear officials said on Monday. The loss of power raised the threat of a nuclear disaster at the plant, which is occupied by Russian troops and operated by Ukrainian engineers. The generators have enough diesel to power the plant for 10 days. “After the loss of external power, which is vitally necessary to ensure the operation of the pumps for cooling the nuclear material of the power units, all diesel generators of the nuclear power plant were switched on automatically,” Energoatom, Ukraine’s state nuclear power company, said on the Telegram messaging app.

☆ Russia-Ukraine War Zelensky Flying to Japan for G7 Summit, in Search of Military Aid
▼ + stars: | 2023-05-20 | by ( Victoria Kim | Natalia Yermak | ) www.nytimes.com time to read: +4 min

Image A photograph released by Saudi Arabian state media showing President Volodymyr Zelensky of Ukraine addressing the Arab League Summit on Friday. Mr. Biden said he was also prepared to let other countries give F-16s to Ukraine. In Hiroshima, Mr. Zelensky will almost certainly meet one on one with Mr. Biden. In Saudi Arabia, Mr. Zelensky appealed to Arab leaders meeting there not to bend to Russian influence. In his meetings with the leaders, Mr. Zelensky will have a chance to discuss the war with some of his staunchest backers: the U.S., Japan, Germany, Britain, France, Canada and Italy.

☆ Russia-Ukraine War Zelensky to Attend G7 Summit in Japan
▼ + stars: | 2023-05-19 | by ( David E. Sanger | Victoria Kim | ) www.nytimes.com time to read: +2 min

Image President Volodymyr Zelensky of Ukraine in Paris on Sunday. The officials did not say when Mr. Zelensky would arrive, hoping to keep details of his travels vague for security reasons. So far, there have been no public announcements about Mr. Zelensky’s plans, and the Ukrainian news media has suggested that he will join the summit virtually. If Mr. Zelensky arrives in Hiroshima, he will almost certainly have a one-on-one meeting with Mr. Biden. “We have a task to maintain the momentum of international support and communication for Ukraine,” Mr. Zelensky said in his nightly address on Thursday.

Several foreign missions in China raised the Ukrainian flag, or displayed its image in posters and lights, following the February 2022 invasion that sparked international condemnation of Russia, a close ally of China. "Do not use the building facilities' exterior walls to display politicised propaganda to avoid inciting disputes between countries," China's foreign ministry said in a notification dated May 10. The notice, a copy of which was seen by Reuters, was addressed to "all embassies, and international organisations' China representative offices". The foreign ministry did not immediately respond to a request for comment. China has called for a peace in Ukraine but has refrained from condemning Russia, leading to criticism from Western countries.

☆ Former SVB, Signature Bank Executives to Face Senate Panel
▼ + stars: | 2023-05-16 | by ( Gina Heeb | Andrew Ackerman | ) www.wsj.com time to read: 1 min

Former Silicon Valley Bank CEO Greg Becker plans to apologize to a Senate panel and say that no bank could have survived the deposit run that SVB saw in March. Photo: patrick t. fallon/Agence France-Presse/Getty ImagesFormer Silicon Valley Bank Chief Executive Greg Becker and two ex-executives from Signature Bank will appear in front of a Senate committee Tuesday, where the chairman is expected to blame senior management for the pair of failures in March. Senate Banking Committee Chairman Sherrod Brown (D., Ohio) said the banks grew too fast and repeatedly ignored warnings from federal and state officials in the face of “glaring risks” from customer and industry concentration, according to prepared remarks released ahead of the hearing.

☆ Retail Sales to Show Americans’ Appetite to Spend in April
▼ + stars: | 2023-05-16 | by ( Gwynn Guilford | Sarah Nassauer | ) www.wsj.com time to read: 1 min

This week’s U.S. retail-sales data will provide the latest update on inflation and the economy. New data on existing home sales, the housing-market index and housing starts will also be released. Photo: Saul Loeb/Agence France-Presse/Getty ImagesApril’s retail-sales report will show consumers’ willingness to spend at stores and restaurants and online as easing inflation returns some spending power to shoppers. Consumers cut retail spending for the second straight month in March, pulling back on purchases of furniture, appliances and gasoline. But a solid labor market last month kept wage growth elevated while inflation cooled to its slowest pace in two years—which could in turn help boost consumer spending, the primary driver of economic growth.

☆ Businesses Seek Out ChatGPT-Tech for Searching and Analyzing Their Own Data
▼ + stars: | 2023-05-16 | by ( Belle Lin | ) www.wsj.com time to read: 1 min

Google CEO Sundar Pichai speaks during the recent Google I/O keynote session. Photo: josh edelson/Agence France-Presse/Getty ImagesThe hope that searching workplace documents could match the ease and efficiency of a consumer search engine has been largely unrealized. But now generative artificial intelligence may offer potential to help businesses do just that. So far, companies “have been unable to find and [deliver] an enterprise search that came even within an order of magnitude as good as Google search is outside,” said Brian McClendon, senior vice president of engineering at software development and gaming company Niantic.

G-7 leaders are expected to visit Hiroshima’s Peace Memorial Park during their meeting that starts Friday. Photo: richard a. brooks/Agence France-Presse/Getty ImagesNearly 78 years ago, around a Hiroshima bridge not far from where President Biden is scheduled to meet world leaders this week, a 4-year-old boy named Eiji Kishida was walking with his mother. The U.S. atomic bomb dropped by the Enola Gay exploded above them, less than a mile away. An aunt of the boy who was also in Hiroshima that day recounted what she saw when she found Eiji soon afterward. He kept begging for water in a faint voice until his death released him from agony.”

☆ Stocks Close Higher With Debt-Ceiling Talks in Focus
▼ + stars: | 2023-05-16 | by ( Hannah Miao | ) www.wsj.com time to read: 1 min

This week’s U.S. retail-sales data will provide the latest update on inflation and the economy. New data on existing home sales, the housing market index and housing starts will also be released. Photo: Saul Loeb/Agence France-Presse/Getty ImagesU.S. stocks edged higher Monday as investors monitored debt-ceiling negotiations, coming off two consecutive losing weeks for the S&P 500. The Dow Jones Industrial Average ticked up 0.1%, or nearly 50 points. The tech-heavy Nasdaq Composite rose 0.7%.

It is in these poorly constructed camps that aid agencies fear Cyclone Mocha has hit the hardest. A man walks past destroyed buildings in Sittwe, in Myanmar's Rakhine state, on May 15, 2023, after Cyclone Mocha made landfall. Residents ride motorcycles past broken utility poles in Sittwe, in Myanmar's Rakhine state, on May 15, 2023, after Cyclone Mocha made landfall. At one point Cyclone Mocha had been predicted to hit the camp but it was spared a direct hit with the storm making landfall further down the coast. According to the UN, roughly 15,000 homes were destroyed in Rakhine state during that storm.

☆ IRS Weighs Creating a Government-Run Tax-Prep Option
▼ + stars: | 2023-05-15 | by ( Richard Rubin | ) www.wsj.com time to read: 1 min

Companies worry about a scenario in which the IRS creates first drafts of taxpayers’ returns. Photo: stefani reynolds/Agence France-Presse/Getty ImagesWASHINGTON—The Biden administration is considering creating a government-run alternative to TurboTax and H&R Block , drawing resistance from Republicans and companies fearing a loss of business. Democrats and consumer advocates have been pushing for the Internal Revenue Service to offer free online tax filing on its website, particularly for people with straightforward returns. Their core argument: Tax-preparation companies charge middle-income Americans for what advocates think should be a free public service.

☆ Former SVB CEO Greg Becker to Apologize for Bank Collapse
▼ + stars: | 2023-05-15 | by ( Gina Heeb | Andrew Ackerman | ) www.wsj.com time to read: 1 min

Former Silicon Valley Bank Chief Executive Greg Becker Photo: patrick t. fallon/Agence France-Presse/Getty ImagesFormer Silicon Valley Bank chief executive Greg Becker plans to tell a Senate committee on Tuesday that no bank could have survived the unprecedented deposit run that led to his institution’s failure in March. Mr. Becker hasn’t spoken publicly since regulators seized SVB two months ago, after a failed capital raise and historic deposit run doomed the startup- and technology-focused California bank. Two former executives at New York-based Signature Bank , which failed shortly after, are also set to appear before the Senate Banking Committee.

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