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No SVB has been shut down too. SVB UK is an independent company as of fairly recently. Banks have different regulatory environments than normal companies and no
by justincormack 4y ago
No SVB has been shut down too. SVB UK is an independent company as of fairly recently. Banks have different regulatory environments than normal companies and no control if things go wrong.
- AdamN 4y agoSVB still has employees that are apparently going to continue to get paid for a number of weeks (years for the ktlo people probably). The creation of a separate entity for all the assets makes me think that they've separated the two and that SVB itself isn't shut down just yet (although clearly it's a carcass as I said before with a value near zero).