Banking

Banking
HSBC Pays One Pound to Purchase Silicon Valley Bank UK
March 13, 2023

Banking giant HSBC is set to acquire the U.K. arm of failed lender Silicon Valley 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...

Banking
Regulators Say Silicon Valley Bank Depositors Will Be Covered
March 12, 2023

Federal regulators have thrown Silicon Valley Bank (SVB) customers a lifeline. 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...

Banking
The Bank of London Offers to Buy Silicon Valley Bank’s UK Operations
March 12, 2023

The Bank of London has offered to purchase the British operations of the collapsed Silicon Valley 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...

Banking
Signature Bank Shut Down and Placed Under FDIC Control
March 12, 2023

Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. 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...

Banking
Britain Races to Stem SVB Fallout as UK Arm Attracts EMEA Buyers
March 12, 2023

The sudden collapse of California-based Silicon Valley Bank (SVB), which focuses on tech startups, is having repercussions far beyond the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Yellen Says No Bailout Planned for Silicon Valley Bank
March 12, 2023

Treasury Secretary Janet Yellen says the U.S. has no plans for a bailout of the collapsed Silicon Valley 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...

Banking
Feds Auction Off Failed Silicon Valley Bank Amid Ongoing Fallout
March 12, 2023

U.S. regulators were reportedly auctioning off Silicon Valley Bank, whose failure last week continues to rock the financial 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...

Banking
SVB Financial Group Reportedly Looks to Sell After Trading Halted
March 10, 2023

SVB Financial Group has reportedly ended its plan to raise capital and is looking to sell. 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
SVB Financial Group Share Trading Halted After 68% Premarket Plunge
March 10, 2023

SVB Financial Group share trading was halted Friday (March 10) after a 68% premarket plunge. 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,...