Thursday, 23. March 2023 Share: YouTube RSS

MarketWatch: Bank of England puts U.K. arm of Silicon Valley Bank into resolution- FT

The Bank of England has moved to put the UK arm of Silicon Valley Bank into resolution after it applied for £1.8bn of liquidity as its parent company was collapsing on Friday, triggering concern among British start-ups and investors, the Financial Times reported on Saturday.

Source: MarketWatch

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