News Global banking organization HSBC Holdings is stepping in to save the United Kingdom-based branch of the defunct Silicon Valley Bank (SVB) by acquiring it for one pound ($1.21). On March 13, HSBC formally stated that Silicon Valley Bank UK Ltd would be acquired by its subsidiary HSBC UK Bank for one British pound sterling (GBP), […] The post HSBC acquires SVB...
Mar 13 2023
HSBC acquires SVB UK arm for one pound
| published by | Joy Dahunsi |
|---|---|
| in blog | Coinscreed |
| original entry | HSBC acquires SVB UK arm for one pound |
hsbc news silicon valley bank svb
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