Banking giant HSBC is set to acquire the U.K. arm of failed lender Silicon Valley Bank. HSBC announced the purchase Monday (Mar. 13) morning, saying it would pay one British pound to buy Silicon Valley Bank (SVB) UK. The news followed a weekend in which...
Noel Quinn has stepped into a full-time job as CEO of HSBC, and his first tasks in that job will involve strategizing around the colossal pitfalls the coronavirus has created over the past several weeks. HSBC does most of its business in Asia, and the...
May 02, 2023
When it comes to its purchase of Silicon Valley Bank’s British arm, HSBC is thinking globally. In an interview Tuesday (May 2) with Bloomberg Television, HSBC CEO Noel Quinn said his bank’s purchase of Silicon Valley Bank (SVB) U.K. will help lay the groundwork for a worldwide technology operation. “I want to take that capability […]
March 13, 2023
Banking giant HSBC is set to acquire the U.K. arm of failed lender Silicon Valley Bank. HSBC announced the purchase Monday (Mar. 13) morning, saying it would pay one British...
March 19, 2020
Noel Quinn has stepped into a full-time job as CEO of HSBC, and his first tasks in that job will involve strategizing around the colossal pitfalls the coronavirus has created...
