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SIVB / New Owner HSBC Invests $2.1 Billion Into SVB UK

New Owner HSBC Invests $2.1 Billion Into SVB UK
British banking giant HSBC is reportedly set to inject $2.1 billion into Silicon Valley Bank UK. Bank officials told investors Monday (March 13) that HSBC was prepared to commit billions of pounds in liquidity to ensure the British arm of the failed American bank could conduct business as usual, Bloomberg News reported. Read More
Posted: Mar 13 2023, 15:22
Author Name: PYMNTS
Views: 110445

SIVB News  

Why America needs regional banks

By CNN Business
May 14, 2023

Why America needs regional banks

To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed "too big to more_horizontal

SVB Financial Group's quarterly results filing will be delayed

By Reuters
May 9, 2023

SVB Financial Group's quarterly results filing will be delayed

SVB Financial Group will be unable to meet the U.S. Securities and Exchange Commission's deadline for its quarterly report for the three months ended more_horizontal

SVB's former parent may need new funding after $2bln cash seizure

By Reuters
April 26, 2023

SVB's former parent may need new funding after $2bln cash seizure

Silicon Valley Bank's former owner may need to take out a bankruptcy loan amid uncertainty about the U.S. Federal Deposit Insurance Company's seizure more_horizontal

Treasury proposes new process to spot risks after SVB, Signature Bank failures

By CNBC
April 21, 2023

Treasury proposes new process to spot risks after SVB, Signature Bank failures

The Treasury Department's FSOC released proposals that would increase transparency of its operations and make it easier to supervise certain instituti more_horizontal

'Utterly irresponsible': SVB failure was caused by a banking — not tech — crisis, top VC says

By CNBC
April 21, 2023

'Utterly irresponsible': SVB failure was caused by a banking — not tech — crisis, top VC says

Anne Glover, CEO and co-founder of Amadeus Capital, said Friday that the SVB crisis was caused by "utterly irresponsible" practices by Silicon Valley more_horizontal

U.S. Fed works on loophole that masked losses on SVB's securities -WSJ

By Reuters
April 21, 2023

U.S. Fed works on loophole that masked losses on SVB's securities -WSJ

U.S. Federal Reserve may close a loophole that allows some midsize banks to conceal losses on securities they hold, the Wall Street Journal reported o more_horizontal

Fed Rethinks Loophole That Masked Losses on SVB's Securities

By WSJ
April 21, 2023

Fed Rethinks Loophole That Masked Losses on SVB's Securities

Potential change would reverse regulators' 2019 decision to loosen the rules for midsize banks. more_horizontal

Fed's Beige Book reports economic tightening amid bank conditions tied to SVB collapse

By Yahoo Finance
April 19, 2023

Fed's Beige Book reports economic tightening amid bank conditions tied to SVB collapse

Yahoo Finance's Jennifer Schonberger discusses a report from the Fed's Beige Book which details how tightening credit conditions are tied to the colla more_horizontal


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