Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a “pivotal” role in supporting startups.
Source: https://cointelegraph.com/news/silicon-valley-bank-s-uk-branch-shut-down-by-bank-of-england
Silicon Valley Bank’s UK branch shut down by Bank of England
March 12, 2023
CoinTelegraph