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‘We need a plan for Monday’: UK authorities scramble to stem Silicon Valley Bank fallout
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fnlondon.comOn 10 March, Silicon Valley Bank's UK boss Erin Platts told a Zoom call with investors the bank was "doing the best that it can" to support them.
She reassured them SVB UK was still processing payments, opening accounts and funding loans after the collapse of its parent in California.
Hours later, regulators shut down the UK branch too.
Read more on fnlondon.comAbout this in other media
Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto cointelegraph.com /1 year ago
Silicon Valley Bank: inquiries launched into bank’s collapse and UK arm theguardian.com /1 year ago
US Fed faces internal probe over Silicon Valley Bank failure cointelegraph.com /1 year ago
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