Sky News
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HSBC on brink of rescue of Silicon Valley Bank UK
Posted
March 13, 2023
Views
24,788
Likes
171
Comments
48
Engagement
0.88%
March 13, 2023
24,788
171
48
0.88%
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2:48Now PlayingHSBC Holdings is on the brink of a deal to rescue Silicon Valley Bank UK after a last-ditch agreement that will avert the lender's insolvency.
Sky News has learnt that HSBC is preparing to announce, alongside the government, that it has struck a deal to acquire the stricken bank.
#SVBUK #Banking #Economy #SkyNews
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