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HSBC swoops in to rescue UK arm of Silicon Valley Bank

HSBC swoops in to rescue UK arm of Silicon Valley Bank HSBC has acquired the UK arm of Silicon Valley Bank (SVB) for just £1 after the US bank collapsed.  The move has brought relief to UK tech firms, who had warned they could go bust without help. Customers and businesses with money deposited in [...]

HSBC swoops in to rescue UK arm of Silicon Valley Bank HSBC has acquired the UK arm of Silicon Valley Bank (SVB) for just £1 after the US bank collapsed.  The move has brought relief to UK tech firms, who had warned they could go bust without help. Customers and businesses with money deposited in […]

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