UK branch of SVB sold to HSBC, Treasury announces

2023-03-13T07:42:02.635Z

SVB UK customers will be able to access their deposits and banking services as normal from today. The British branch of bankrupt Californian bank Silicon Valley Bank (SVB) has been sold to HSBC, a sale " facilitated " by the British government and the Bank of England, the British Treasury announced on Monday. “ Silicon Valley Bank (UK) was sold today to HSBC. (…) SVB UK customers will be able to access their deposits and banking services as normal from today ,” the Treasury wrote in a stateme