hsbc

Andrew Bailey: SVB collapse was the ‘fastest passage from health to death since Barings’

Providing evidence at the Treasury Select Committee to discuss the sale of Silicon Valley Bank UK to HSBC following the…

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Bank of England chief: HSBC was only reasonable bidder for Silicon Valley Bank UK

The Bank boss faced questions after tech-focused Silicon Valley Bank collapsed in the US around two weeks ago, which then…

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Family run US bank rescues tech lender Silicon Valley Bank

F AILED tech lender Silicon Valley Bank was taken over today by First Citizens in a deal that will cost…

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HSBC shareholders force vote on structural overhaul

An investor group led by shareholder Ken Lui, argued that the firm’s Asian arm was effectively subsidising the western businesses,…

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Collapsed Silicon Valley Bank sold to US rival First Citizens

F irst Citizens Bank has bought all the loans and deposits of failed US bank Silicon Valley Bank (SVB) following…

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Bank of England finds SVB UK clients pulled £3bn on day of collapse

Governor of the Bank of England Andrew Bailey gave written evidence to MPs on the collapse of SVB in the…

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Bank chief says UK financial system could be ‘vulnerable’ to market volatility

T he Bank of England has insisted that the UK’s banking system is robust, but admitted that any “lasting impact”…

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FTSE 100 treads water as investors brace for key interest rate decisions

T he calm before the storm has been felt by global markets as the US and UK prepare to deliver…

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Markets hold their nerve in Europe as key rate decisions loom

L ondon and European financial markets kept their nerve today, as the shockwaves from the latest shotgun marriage in the…

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Bank shares bounce back as crisis fears ease

B ank shares have staged a bounce back as fears over a global banking crisis began to subside, but markets…

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