First Citizens Sues HSBC for Allegedly Poaching SVB Staff
First Citizens BancShares Inc, the acquirer of Silicon Valley Bank (SVB) after its collapse, has filed a lawsuit against HSBC Holdings PLC, alleging that HSBC...
Tag : HSBC Holdings Plc
HSBC Buys UK Subsidiary of Silicon Valley Bank for £1
On March 13, HSBC Holdings plc announced that its UK subsidiary, HSBC UK Bank Ltd, has acquired Silicon Valley Bank UK Ltd (SVB UK) for...
HSBC Withdraws From US Retail Banking to Target Rich Clients
HSBC Holdings Plc exited its US domestic mass-market retail banking business, agreeing to sell 90 branches, as Europe’s biggest lender looks to focus on wealthy...