UK channel breathes sigh of relief as Silicon Valley Bank 'bloodbath' averted

Collapsed bank is used by thousands of tech start-ups, including smaller vendors

Doug Woodburn
clock • 2 min read
UK channel breathes sigh of relief as Silicon Valley Bank 'bloodbath' averted

UK IT providers have expressed relief after bankers on both sides of the Atlantic stepped in to guarantee deposits in the wake of Silicon Valley Bank's collapse. SVB - which is used by thousands...

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