HSBC has agreed to buy the UK arm of collapsed US Silicon Valley Bank (SVB), bringing relief to UK tech firms who warned they could go bust without help.
Customers and businesses who have money deposited in SVB UK will be able to access it as well as other banking services as normal.
The Treasury said the deal with HSBC involved no taxpayer money and the Bank of England said deposits were secure.
HSBC said it paid just £1 for the SVB’s UK arm after it failed on Friday.
Please subscribe HERE http://bit.ly/1rbfUog
#Banking #Tech #BBCNews
https://www.ansa.it/sito/notizie/mondo/2026/05/03/torta-di-compleanno-con-un-cappio-per-il-ministro-israeliano-ben-gvir_721f4805-6274-402a-96e2-414c0309145d.html ANSA è la più importante agenzia d'informazione in Italia. Immagini e storie da tutto il mondo: politica, economia, cronaca,…
Iranian state media reports that Tehran has put forward a 14 point peace plan to end the war with the…
MIAMI (STATI UNITI) (ITALPRESS) – Andrea Kimi Antonelli non si ferma più e, dopo aver vinto in Cina e Giappone,…
TORINO (ITALPRESS) – Clamoroso allo Stadium, dove il Verona già retrocesso ferma sull’1-1 la Juventus. La sblocca Bowie per gli…
Today, we look at the biggest set of elections in the UK since the 2024 General Election. Subscribe to our…
Airlines will be able to cancel flights weeks in advance, without losing valuable take off and landing slots at busy…