Today news
About the same in other media
The Bank of London bids for SVB UK as UK government races for buyers
Reading now: 749
The Bank of London has made a formal bid for the UK operations of Silicon Valley Bank, as the government has spent the weekend trying to find buyers for the collapsed lender.
The clearing bank, which was set up in 2021, said that it and a consortium of private equity firms have submitted a formal bid to the Treasury for SVB UK, according to a statement on 12 March. No further details on the size of the deal or other bidders were provided.
Chancellor...
Read more on fnlondon.comAbout this in other media
London last summer was the trailer for a climate disaster movie. Here’s how to stop that coming true theguardian.com /1 year ago
Bank of England defends allocating less than one full-time staffer to monitor SVB in the UK fnlondon.com /1 year ago
CryptoUK calls on government to intervene over bank restrictions finextra.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
