As of late Thursday night and Friday morning, the fallout from the shutdown of Silicon Valley Bank in the US had reached the shores of the UK and Europe. Yesterday afternoon, the Bank of England sought a court order to place Silicon Valley Bank UK Limited — the UK arm of the US institution — […]
SVB contagion: UK arm shuts down, government scrambles and startups brace for the worst by Mike Butcher originally published on TechCrunch...