HSBC acquires British arm of stricken Silicon Valley Bank
SVB (Silicon Valley Bank) logo is seen through broken glass in this illustration taken March 10, 2023. Image for representation purpose only. | Photo Credit: Reuters HSBC said on March 13 it is acquiring the U.K. subsidiary of stricken Silicon Valley Bank for £1, rescuing a key lender for technology start-ups in Britain. “This acquisition […]
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