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Bank of London weighs rescue bid for UK arm of Silicon Valley Bank

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The Bank of London has considered making an offer for the British arm of the Silicon Valley Bank, which had propped up many tech start-ups over the past 40 years.

The implosion of SVB's US-listed parent company, which has been taken into government control, represents one of the biggest banking collapses since the financial crisis of 2008.

Read more: https://news.sky.com/story/bank-of-london-weighs-rescue-bid-for-uk-arm-of-silicon-valley-bank-12830933

#bank #tech #usa #skynews

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Category
World
Tags
silicon valley bank, silicon valley, sky news
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