HSBC Acquires Silicon Valley Bank UK

The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed that “Deposits will be protected, with no taxpayer support.” British Government Announces…#bankofengland #siliconvalleybank #hsbc #jeremyhunt #hsbchsbc #svb #londonstockexchange #hsbcukbankplc #noelquinn #hsbcgroups

Source: Reuters: Health - March 14, 2023 Category: Consumer Health News Source Type: news