HSBC Acquires UK Arm of Silicon Valley Bank, Protecting Deposits for Thousands of Startups
HSBC on Monday announced the acquisition of the UK arm of Silicon Valley Bank for £1 following a weekend of crisis talks with the Bank of England and government ministers.[0] The High Street lender aims to protect deposits for thousands of startups across the UK.[0] Noel Quinn, HSBC Group CEO, said in a statement, “This […]
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