HSBC

HSBC buys UK arm of collapsed bank

13th March 2023 Business Lending | #HSBC #Silicon Valley Bank

The Bank of England has announced that Silicon Valley Bank (SVB UK) has been sold to HSBC. Customers of SVB UK will be able to access their deposits and banking services as normal from today. This transaction has been facilitated by the Bank of England, in consultation with the Treasury, using powers granted by the…

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HSBC

HSBC buys UK arm of collapsed bank

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