News

March 11, 2023

Silicon Valley Bank UK falls too

The Bank of England put the UK arm of SVB into insolvency proceedings just hours after its US parent company collapsed


Amy Lewin

2 min read

The UK arm of Silicon Valley Bank (SVB UK) is set to be declared insolvent by the Bank of England (BoE) after its US parent company collapsed on Friday.

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Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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