Page 4 - Toby Mather News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fears of contagion have reached Canada, India and China

Of their money tied up, some are worried about how they'll pay staff and suppliers. toby mather runs lingumi, an educational platform for kids using al to bring teaching to life. we are very exposed. 85% of our cash is held in silicon valley bank. it's the bit of start—ups we don't expect to go wrong is our bank. and it's a really existential threat to us. a group of 200 ceos have written to the prime minister and chancellor saying their firms serve millions of people. many are 100% banked with svb, they said, and will go into receivership unless preventative action is taken. they said measu...