US regulators have signalled plans for an unprecedented easing of key banking rules, which is expected to free up almost ...

The latest update is out from HSBC Holdings ( (GB:HSBA) ).

(RTTNews) - British banking major HSBC Holdings Plc has acquired collapsed Silicon Valley Bank's UK unit in a 1 pound rescue deal, with immediate effect. The move comes after the California-based ...

HSBC has scooped up the UK arm of failed Silicon Valley Bank, securing the deposits of thousands of British tech firms that hold money at the lender. Had a buyer not been found, SVB UK would have been ...

Silicon Valley Bank's UK arm was acquired by HSBC for just £1 ($1) on Monday. The sale means UK startups and investors will be able to access their money. It follows a dramatic 72 hours in which ...

On March 13, 2023, the Bank of England (BoE) announced that Sillicon Valley Bank UK Limited (SVB UK) has been sold to HSBC UK Bank Plc (HSBC) for £1. This means that rather than the BoE placing SVB UK ...

HSBC has appointed David Lindberg as the new chief executive of its UK bank, marking a strategic move aimed at strengthening its core home market. "HSBC Holdings plc today announces that David ...

Pound and gilt yields are falling as traders add to their bets slightly on BOE rate cuts, while the FTSE 100 hits a record as HSBC rallies. Join the Markets Today team for news an ...

HSBC offers a No Fixed Address Account, which provides essential banking features such as receiving payments, paying bills ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The failure of SVB UK over the weekend followed repeated ...

HSBC has named former NatWest executive David Lindberg as CEO of its UK ring-fenced bank, part of a sweeping restructuring ...

LONDON, March 13 (Reuters) - HSBC HSBA.L said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, rescuing a key lender for technology start-ups in Britain. "This ...