HSBC ACQUIRES UK ARM OF FAILED SILICON VALLEY BANK SVB... FOR "ONE DOLLAR" 😲

First published at 17:24 UTC on March 15th, 2023.

HSBC has swooped in as a white knight to rescue the UK subsidiary of the failed lender Silicon Valley Bank (SVB), offering support in a collapse that has roiled both the financial and tech worlds.

The ring-fenced British business of HSBC will pay a…

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CategoryNews & Politics
SensitivityNormal - Content that is suitable for ages 16 and over
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