Author: News Desk

City AM – First Aid kit: Tech care “Project Yeti”: Inside the scramble to save Silicon Valley Bank UK City AM says “It’s going down to the wire.” That was the view of Coadec CEO Dom Hallas at 11pm on Sunday evening after hours of meetings had failed to produce a deal on the future of Silicon Valley Bank – with the tech industry warning it would be an existential threat to thousands of firms across the sector if nothing was in place by Monday morning. Four hours later, discussions between the Bank of England, Treasury officials and HSBC reached…

Read More