> the BoE said: “SVB UK has a limited presence in the UK and no critical functions supporting the financial system. In the interim, the firm will stop making pa

> the BoE said: “SVB UK has a limited presence in the UK and no critical functions supporting the financial system. In the interim, the firm will stop making payments or accepting deposits.” SVB UK confirmed it would be put into insolvency from this Sunday evening (tomorrow). https://techcrunch.com/2023/03/11/svb-contagion-uk-arm-shuts-down-government-scrambles-and-startups-brace-for-the-worst/ https://techcrunch.com/2023/03/11/svb-contagion-uk-arm-shuts...