Silicon Valley Bank’s UK branch shut down by Bank of England
Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a “pivotal” role in supporting startups.
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The White House assessed the impact of Silicon Valley Bank’s failure over the weekend with a keen attention to venture capital firms and regional banks.
UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.
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