Banking

Banking
Can HSBC Preserve SVB’s Innovation Culture Post UK Unit Acquisition?
March 14, 2023

The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K. arm of the failed U.S.-based lender, for a token one pound sterling. Get the Full Story Complete the form to...

Banking
FDIC Plans to Try Again to Sell Silicon Valley Bank
March 13, 2023

Silicon Valley Bank may be coming up for sale again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Banking
Silicon Valley Bank Depositors Begin Accessing Funds From ‘Bridge Bank’
March 13, 2023

Customers of Silicon Valley Bank started accessing their funds Monday from a new “bridge bank.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Class-Action Lawsuit Alleges Silicon Valley Bank Didn’t Disclose Risk
March 13, 2023

A lawsuit alleges that Silicon Valley Bank’s parent company did not disclose risk to investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Federal Home Loan Banks Raising Funds to Support Regional Institutions
March 13, 2023

The Federal Home Loan Banks system aims to raise $64 billion to support regional institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Startups and VCs Change Banking Practices After Recent Turmoil
March 13, 2023

Startups and venture capital (VC) firms are changing how they bank after recent industry turmoil. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
New Owner HSBC Invests $2.1 Billion Into SVB UK
March 13, 2023

British banking giant HSBC is reportedly set to inject $2.1 billion into Silicon Valley Bank UK. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Banking
BaFin Bans SVB From Doing Business in Germany
March 13, 2023

Aftershocks from the collapse of Silicon Valley Bank continue to be felt around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
FDIC Moves SVB Deposits to National Bank of Santa Clara
March 13, 2023

Federal regulators have transferred all deposits from the failed Silicon Valley Bank to a new “bridge bank.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...