Tech

What next for Silicon Valley Bank and its customers?

Around 100 Irish firms had a banking relationship with the start-up-friendly bank that went bust last week – some of which had debt facilities and loans that came to tens of millions of euro

Silicon Valley Bank HQ in Santa Clara, California: after the bank’s collapse, US President Joe Biden sought to reassure Americans over the country's banking system while insisting emergency measures would not be paid for by taxpayers, as additional banks came under stress. Picture: Getty