HSBC buys UK arm of Silicon Valley Bank for ₹99, gets deposits worth US$ 8.1bn
It’s official: HSBC has acquired the UK arm of Silicon Valley Bank for a whopping £75 million. The acquisition is part of HSBC’s ambition to become a leading digital bank in the UK. It marks the bank’s largest investment in the UK since 2009, when it purchased the British retail and commercial banking business of … Read more
