Member Info for Davand

I thought the UK SVB bank is ring fenced from all this as a separate entity?

However, if it can go wrong it probably will do with this lot!

Looks like it's with the EMEA region, so nothing to do with the US,,,,hopefully.

Probably not much left now anyway with BH looking after it!

Knowing this lot, if there is a worst case scenario, this lot will find it.

This SVB stuff only muddies the water even more. As per company policy, radio silence will prevail imo.

Not very well!

It's a simple equation, sell more!! Great products and IP we're told, so pull your fingers out and get on with it!

This aged well! Taken from Jan 2022.

"SVB has an extremely strong franchise within the US "

Though it sounds like the EMEA region.

How do we know ygen's deal wasn't with the US bank that's collapsed?

In reply to Clark earlier.

I expect it will be bottom end of anything they said. Revs will be nearer £18m than £20m imo.

Let's hope they are using this branch, which seems OK.

"The UK arm of SVB became a full-scale subsidiary in September last year. The firm today confirmed to UK clients, partners and external stakeholders its financial position as a standalone independent banking institution that is regulated and governed by the PRA in the UK.

SVB UK is ring-fenced from the parent and its other subsidiaries, the company said".

Is this the reason for the selling?

Not too sure what that means for ygen?

Who's ferkin decision was it to put that countdown timer for the new website ? How naff was that? When decent stuff like GLT mentioned happens, nobody gets to know. WHY??

I meant Niptsteve

Exactly Stas!

GLT, would that news be worthy of an rns reach info announcement? For heaven's sake, anything positive will help.