The post Breaking: HSBC Acquires Silicon Valley Bank UK Subsidiary for £1 appeared first on Coinpedia Fintech News
Following the takeover of Silicon Valley Bank by the United States Federal Deposit Insurance Corporation (FDIC) over the weekend, SVB’s UK subsidiary has been acquired by HSBC Holdings plc, a British multinational universal bank, and financial services holding company, for £1. SVB Customers Can Now Bank Through HSBC According to the announcement, SVB UK had …
