A sign of a branch of the Silicon Valley Bank is pictured at an office building where the bank is located in Frankfurt, Germany, Monday, March 13, 2023.

Latest news bulletin | March 31st – Morning

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Updated: 13/03/2023 - 17:38

Silicon Valley Bank collapse: HSBC moves to buy SVB subsidiary in the UK

HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector.

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