News
Banking failures could prompt BoE to pause rate hikes, Quilter
The BoE may be looking for a reason to pause rate hikes, and Quilter's CJ Cowan suggests that the recent events could provide justification for doing so.
Silicon Valley Bank
News
HSBC saves Silicon Valley Bank UK from collapse in last-minute deal for £1
HSBC has saved Silicon Valley Bank UK from collapse by striking a last-minute deal to buy the troubled lender's business for £1.
News
Silicon Valley Bank collapse rocks banking sector: Three key takeaways
Nigel Green, CEO of deVere Group, one of the world's largest independent financial advisory, asset management, and fintech organisations, noted three key takeaways from the collapse.
News
Oaknorth Bank in talks to acquire UK operations of Silicon Valley Bank after collapse, reports
Oaknorth Bank, the British lender founded by entrepreneurs Rishi Khosla and Joel Perlman, is reportedly in talks to acquire the British operations of Silicon Valley Bank, according to Sky News.
News
US Treasury Secretary’s decision not to bail out Silicon Valley Bank welcomed by deVere Group CEO, Nigel Green
The UK Government is currently working on a cash lifeline for tech firms hit by the SVB collapse.