Silicon Valley Bank UK arm hands out £15m in bonuses days after £1 rescue

Silicon Valley Bank UK arm hands out £15m in bonuses days after £1 rescue

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The British arm of Silicon Valley Bank (SVB UK) has handed out millions of pounds in employee bonuses just days after its insolvency was averted through a Bank of England-orchestrated rescue deal. Sky News has learnt that the payouts to staff including its senior executives were signed off by…

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