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Page last updated at 09:32 GMT, Monday, 11 June 2012 10:32 UK

Silicon Valley Bank opens first UK branch

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Silicon Valley Bank will open its first UK branch this morning.

Its head, Phil Cox, told the Today programme's Simon Jack, that "this is a big day for us".

The UK is particularly attractive, he explained, as it is well connected to California. "As a bank we bring this connectivity to potential business partners and investors," he added.


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