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HSBC buys SVB UK unit after frantic overnight talks

Published by Frank Prenesti on 13th March 2023

(Sharecast News) - HSBC has bought the UK arm of stricken Silicon Valley Bank for a nominal £1, the Asia-focused bank said on Monday after a night of frantic negotiations involving government ministers and Bank of England officials.

URL: http://www.digitallook.com/dl/news/story/33362504/...

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