[ad_1] Hong Kong/London(CNN) HSBC has scooped up the UK arm of failed Silicon Valley Bank, securing the future of thousands of British tech firms that hold money at the lender.…
Tag: HSBC
Silicon Valley Bank’s U.K. Arm to Be Bought by HSBC
[ad_1] Markets Finance The acquisition followed a move by U.S. regulators to calm the fallout of the bank’s collapse [ad_2] Source link
HSBC will buy the UK subsidiary of collapsed Silicon Valley Bank
[ad_1] The UK Treasury and the Bank of England have “facilitated the sale″ of Silicon Valley Bank UK to HSBC, ensuring the security of 6.7 billion pounds ($8.1 billion) of deposits. British…
HSBC acquires British arm of stricken Silicon Valley Bank
[ad_1] News Business Banking and Finance HSBC acquires British arm of stricken Silicon Valley Bank HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank…
HSBC to buy UK arm of Silicon Valley Bank – BBC News
[ad_1] HSBC to buy UK arm of Silicon Valley Bank BBC [ad_2] Source link
Breaking: HSBC Buys Out Troubled Silicon Valley Bank UK For £1
[ad_1] Crypto News: In the latest turns of events, the United Kingdom (UK) government announced that HSBC holdings acquired the British subsidiary of the Silicon Valley Bank. This move comes…
HSBC buys Silicon Valley Bank UK
[ad_1] By Sarah Taaffe-Maguire, Business reporter @taaffems Monday 13 March 2023 07:36, UK HSBC has bought the embattled UK arm of Silicon Valley Bank (SVBUK), securing the deposits of more…
HSBC to buy UK arm of Silicon Valley Bank
[ad_1] The sale of the UK arm of SVB to HSBC will come as a relief for many UK tech companies. [ad_2] Source link
HSBC sees quarterly profit almost double – BBC News
[ad_1] By Annabelle Liang and Peter Hoskins Business reporters 21 February 2023, 05:02 GMT Updated 1 hour ago Banking giant HSBC says its quarterly profit has almost doubled, boosted by…
Banking giant HSBC sees quarterly profit almost double
[ad_1] However, its annual profit fell as it absorbs the cost of selling its French retail banking operations. [ad_2] Source link