The Latest Breaking News from SVB UK

HSBC Innovation Banking needs to reaffirm its roots

City Comment: SVB UK had an intimate knowledge of the British startup scene. It mustn’t lose sight of that.

Evening Standard · Mar 13, 2024

Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’

In an exclusive interview, the head of the Prudential Regulation Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis

The Guardian - UK · Sep 24, 2023

The CEO of Europe’s largest bank on innovation, new tech, and HSBC’s approach to crypto

Noel Quinn believes HSBC is well positioned to navigate new technology in an increasingly complex global landscape.

Fortune · Jun 17, 2023

SVB collapse was ‘fastest since Barings’, Bank of England says, in call for vigilance – as it happened

Treasury committee holds hearing on the sudden collapse of Silicon Valley Bank this month

The Guardian - UK · Mar 28, 2023

Millions paid in bonuses to UK Silicon Valley Bank staff days after £1 rescue

Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC

The Guardian - UK · Mar 18, 2023

Silicon Valley Bank: what really happened and what it means for London

Silicon Valley Bank almost collapsed this week until leading figures in the US and UK stepped in — but what is the bank and why did it create such panic? Rohan Silva reports

Evening Standard · Mar 16, 2023

SVB collapse may be start of ‘slow-rolling crisis’, warns BlackRock boss

Larry Fink tells investors more ‘shutdowns and seizures’ in US possible and predicts inflation and interest rates to rise

The Guardian - UK · Mar 15, 2023

High street banks lure tech firms away from Silicon Valley Bank UK after HSBC rescue deal

High Street banks are quietly stepping up their efforts to lure startups away from Silicon Valley Bank UK as the beleaguered firm’s customers weigh up whether to keep their accounts open after a last-minute rescue deal by HSBC.

Evening Standard · Mar 15, 2023

Silicon Valley Bank: inquiries launched into bank’s collapse and UK arm

Probes announced in the UK and US over failure of California lender as financial markets recovered from Monday’s turmoil

The Guardian - UK · Mar 14, 2023

TechScape: How Silicon Valley Bank UK was saved

In this week’s newsletter: While its quick slip into financial hardship has left American bankers reeling, its UK division is surprisingly fine. But the tech sector isn’t out of trouble yet

The Guardian - UK · Mar 14, 2023