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SVB UK sold to HSBC for only 1 pound, no taxpayer money involved

Al Mayadeen English   Source: Agencies    2023-03-13 12:32    0 Shares
2 min read

The UK Treasury and HSBC bank announce that the latter acquired the UK branch of Silicon Valley Bank, confirming customers can continue business as usual.

The HSBC logo is seen through a window where buildings are reflected on to, at a branch in London (AP).
The HSBC logo is seen through a window where buildings are reflected on to, at a branch in London (AP).
Jeremy HuntSilicon ValleyUKHSBCUK TreasurySilicon Valley bankSVB
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