The biggest collapse of a US bank since the 2008 financial crisis sent shockwaves around the world.
More than £50billion was wiped off the value of Britain’s 100 biggest listed firms as the failure of tech sector lender Silicon Valley Bank spooked stock markets.
It came after a dramatic weekend in which the Bank of England and the Treasury brokered a fire sale of SVB’s UK arm to HSBC for a token £1.
