The swift response by the US government put pressure on the UK government to do the same for customers of the bank’s subsidiary SVB UK, which handles around £7 billion (approximately $8.5 ...
The Silicon Valley Bank UK Limited Compensation Scheme Order 2025 (SI 2025/83) has been published, together with an explanatory memorandum. The ...
Trustpilot (TRST), the online reviewing company, said it had transferred $18mn away from SVB UK but the funds had yet to land elsewhere ... access unclear but company confident of trading position ...
Barclays shares have vastly outperformed the market over the past 12 months, but it’s a different story over the longer run.
SVB Financial Group is a holding company which provides financial services to clients primarily in the technology, life science and healthcare industries as well as to global private equity and ...
“And what we are seeking to avoid is that the taxpayers in all of our constituencies are not on the hook for small bank failures.” Conservative shadow treasury minister Mark Garnier said the transfer ...
Gold prices have hit a lifetime high in India, Australia, and the UK, while they’re at an 11-month high in the US. The crises at SVB, Signature Bank, and Credit Suisse are making investors turn ...
What are the policy takeaways from this debacle? The failure of Silicon Valley Bank (SVB) is perhaps the biggest in recent banking history. When an event like this unfolds, the usual questions ...
On Friday, as SVB tipped into receivership, those calls stopped, said the person with knowledge of them. One big bank effort that has raised eyebrows and attracted attention is Goldman Sachs' work ...