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 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 ...

"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 ...

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 ...

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 ...

U.K. tech founders, investors and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. The bank purchased the operation for a nominal £1 overnight, ...

I n the last five years, UK high streets have lost a huge number of banks after multiple branches have closed. One bank which ...

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Silicon Valley Bank's UK arm was acquired by HSBC for just £1 ($1) on Monday. The sale means UK startups and investors will be able to access their money. It follows a dramatic 72 hours in which ...

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 ...

Stuart Riley's appointment to HSBC's top table capped a 30-year journey through banking's biggest technology transformations ...