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How ‘Project Yeti’ rescued UK tech from a Monday morning bloodbath
source link: https://www.telegraph.co.uk/business/2023/03/13/how-project-yeti-rescued-uk-tech-monday-morning-bloodbath/
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How ‘Project Yeti’ rescued UK tech from a Monday morning bloodbath
Plus: Inside the weekend from hell for start-up Britain
US regulators seized control of Californian lender Silicon Valley Bank on Friday in the biggest banking collapse since the 2008 crisis
Credit: BRITTANY HOSEA-SMALL/REUTERS
On Friday afternoon, executives at the UK branch of Silicon Valley Bank (SVB) were still insisting that the lender was immune to the chaos engulfing its US parent. ...
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