HSBC will look at making more acquisitions in key areas, the bank's chief executive told Reuters on Thursday after the lender ...
LONDON--(BUSINESS WIRE)--Newcomers to the UK can now leverage their international credit history instantly and free of charge when applying for a credit card with HSBC UK 1, thanks to a new ...
HSBC has paused share buybacks for three quarters to fund the purchase of Hong Kong’s Hang Seng Bank. Jefferies immediately downgraded the shares of HSBC as a result, saying the move “takes the gloss ...
The Hongkong and Shanghai Banking Corporation, better known as HSBC, has announced that it will purchase the remaining 37% ...
HSBC will restructure its UK retail banking business, resulting in around 100 job cuts, a source familiar with the matter said on Thursday.
HSBC took control of Hang Seng during a banking crisis in 1965 and owns about 63 per cent. It ranks among the global bank’s ...
"Deposits will be protected, with no taxpayer support," the U.K. said LONDON -- Silicon Valley Bank UK is being acquired by HSBC in a £1 deal that will protect deposits, the United Kingdom's ...
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 ...
HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1. The deal comes after a tense weekend of frantic negotiations by the U.K. government, regulators and a suite of other potential suitors in ...
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 ...
The California-based Silicon Valley Bank (SVB) has collapsed in the largest bank failure since 2008, prompting HSBC to purchase the bank’s UK arm for just £1 in a scramble to shield UK tech firms from ...