BBCNEWS BBC News June 4, 2024 17:14:00
For human traffickers. the us treasury has moved to reassure investors after the largest bank failure since the financial crash of 2008. and the british chancellor, jeremy hunt, has spoken to the governor of the bank of england about the collapse of the silicon valley bank. the svb, which is a major lender to tech companies, triggered a share sell—off in other banks linked to the sector. here is our business correspondent, marc ashdown. they are supporting tech start—ups, small businesses that need cash flow as they are getting going so how did it collapse? banks in the us and in the uk te...