Monday, 13 March 2023
£1: What HSBC paid to acquire UK arm of SVB
The move comes after US authorities moved to shore up deposits and stem any wider fallout from the sudden collapse of its parent, tech start-up lender Silicon Valley Bank. "This acquisition makes excellent strategic sense for our business in the UK," HSBC CEO Noel Quinn said in a statement.
from Times of India https://timesofindia.indiatimes.com/business/international-business/hsbc-acquires-british-arm-of-stricken-silicon-valley-bank/articleshow/98600902.cms
from Times of India https://timesofindia.indiatimes.com/business/international-business/hsbc-acquires-british-arm-of-stricken-silicon-valley-bank/articleshow/98600902.cms
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