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HSBC Acquires Silicon Valley Bank for Just £1 — Are Deposits Protected?

Silicon Valley Bank is now under new management. Silicon Valley Bank (SVB) is saved at the nice of time. The Hongkong and Shanghai Banking Corporation (HSBC) is officially acquiring the formerly doomed bank through its UK subsidiary after a weekend of negotiations from the UK government, regulators, and more than a few companies looking to buy the bank. ....

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Some Good News for Depositors of Silicon Valley Bank and Signature Bank | Bryan Cave Leighton Paisner

Here is the latest regarding Silicon Valley Bank (“SVB”) and Signature Bank as of Sunday, March 12th according to the FDIC. We expect to learn more by COB Monday, March 13th. ....

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Silicon Valley Bank UK Limited FAQs | Hogan Lovells

Silicon Valley Bank (SVB), the US’s 16th largest bank, was closed on Friday 10th March 2023. SVB’s UK operations were conducted through its subsidiary, Silicon Valley Bank UK Limited. ....

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Collapse of Silicon Valley Bank UK 'could have big impact on tech start-ups' | Dumbarton and Vale of Leven Reporter

The Coalition for a Digital Economy, a non-profit campaigning for policies to support digital start-ups, has issued a warning. ....

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Collapse of Silicon Valley Bank UK 'could have big impact on tech start-ups' | East London and West Essex Guardian Series

The Coalition for a Digital Economy, a non-profit campaigning for policies to support digital start-ups, has issued a warning. ....

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