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 ...

HSBC (HSBC) said Monday its ring-fenced subsidiary HSBC UK Bank will acquire the British unit of failed lender Silicon Valley Bank, owned by SVB Financial (NASDAQ:SIVB), for £1. The company said the ...

According to a leaked internal staff memo sent today, HSBC is scaling back its investment banking operations in the UK, Europe, and the Americas as part of CEO Georges Elhedery’s restructuring plan to ...

HSBC Holdings ( ($HSBC) ) has provided an update. On November 27, 2025, Ian Stuart, Chief Executive of HSBC UK Bank plc, acquired 14 ordinary ...

HSBC has appointed David Lindberg as the new chief executive of its UK bank, marking a strategic move aimed at strengthening its core home market. "HSBC Holdings plc today announces that David ...

On March 13, 2023, the Bank of England (BoE) announced that Sillicon Valley Bank UK Limited (SVB UK) has been sold to HSBC UK Bank Plc (HSBC) for £1. This means that rather than the BoE placing SVB UK ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With the bank’s relaunched mobile banking app hitting one million users, ...

HSBC UK has surpassed £500m in lending through commercial brokers in 2025, more than double its figure for 2024.

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 ...

HSBC (NYSE:HSBC) reportedly plans to rename Silicon Valley Bank UK, which the British bank rescued in March, to HSBC Innovation Banking. The new name is expected to be unveiled with London Tech Week, ...

(RTTNews) - The FCA has fined HSBC UK Bank plc, HSBC Bank plc and Marks and Spencer Financial Services plc 6.2 million pounds for failures in its treatment of customers who were in arrears or ...

A Lancashire-based holiday and leisure company has secured a seven-figure funding package from HSBC UK to support the continued expansion of its Scottish resort portfolio.