Silicon Valley Bank’s Collapse Had a British Silver Lining

When HSBC bought the UK unit of Silicon Valley Bank over one frantic March weekend, the chief executive of the bank’s UK arm at the time, Erin Platts, was surprised. Having spent almost 20 years with SVB, she wasn’t expecting such a swift end for the lender. But afterwards, she found herself surprised by how positive the outcome was for her and her team. She joins this week’s In the City podcast to discuss her outlook for the City’s technology scene as it vies for AI startups. Also in the episode, Merritt speaks with London Mayor Sadiq Khan, and reporter Aisha Gani gives context to the London Week hype. See omnystudio.com/listener for privacy information.