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...
British FinTech startups are concerned their country has lost its standing in the financial world. According to a Saturday (April 15) report by the Financial Times, FinTech founders say the U.K. government needs to do more to make sure the nation remains a financial center,...
The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K. arm of the failed U.S.-based lender, for a token one pound sterling. The news came after the U.K. government, the...
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...
March 14, 2023
The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K. arm of the failed U.S.-based lender, for a token one pound sterling. The news came after the U.K. government, the Treasury and the Bank of England (BoE) scrambled to find […]
May 30, 2023
HSBC is reportedly set to rename the U.K. arm of Silicon Valley Bank (SVB). The European banking giant will next month announce the rechristening, dubbing the bank HSBC Innovation Banking, Great Britain’s Sky News reported Monday (May 29). The report quotes a “tech veteran” who said the name change could spark worries among entrepreneurs that by making […]
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...
April 16, 2023
British FinTech startups are concerned their country has lost its standing in the financial world. According to a Saturday (April 15) report by the Financial Times, FinTech founders say the...
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...
