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> Guess they weren't as independent as they thought they were. The BOE obviously knows a lot more than is letting on. My guess is the bank had the same investm
by krona 4y ago
> Guess they weren't as independent as they thought they were.
The BOE obviously knows a lot more than is letting on. My guess is the bank had the same investment strategy of its parent, but failed even without much of a panic from customers?!
- fredoralive 4y agoAccording to the FT[1] SVB UK asked the BoE for £1.8 billion in short term funding on Friday. I'm not entirely surprised this was their answer. [1] https://www.ft.com/content/e74dfe88-b372-4b57-9d7d-1a26004983bd https://www.ft.com/content/e74dfe88-b372-4b57-9d7d-1a2600498... (possibly paywalled)