Bank of London is considering a rescue bid for the UK arm of Silicon Valley Bank.

The Bank of London is exploring the possibility of assembling an offer for SVB UK as start-up founders warn Jeremy Hunt that its collapse will “cripple” the British tech sector, Sky News learns.

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

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