FinanceHSBC targets lending against fast-growing private assets after adding SVB’s UK unit to its portfolioMay 30, 2024101HSBC sees opportunities to lend against wealthy clients’ private assets, following its acquisition of the UK unit of Silicon Valley...
BankingHSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile with clients, start-upsMay 23, 2024111Just over a year after HSBC Holdings acquired the UK unit of Silicon Valley Bank (SVB) for £1 (US$1.27), wealthy...
BankingThe zombie office timebomb: Commercial real estate foreclosures jumped 117% in March – as experts warn it could trigger the next banking crisisApril 18, 2024126Commercial real estate foreclosures are ramping up across the US as soaring interest rates and the slow return of workers...
BankingThe payment of more interest on deposits hurts the bottom line of large US banks | Economy and BusinessApril 17, 2024101Top executives of the largest U.S. banks appearing before Congress in December.EVELYN HOCKSTEIN (REUTERS)Wall Street’s large banks are feeling the...
BankingShould the US Banking Crisis of 2023 Be a Footnote?March 18, 202480Stephanie Kim/ProMarket The 2023 banking crisis that took down four banks, including Silicon Valley Bank, by all appearances appears to...
BankingChase, Citizens, First Republic and Trustco customers hit by 23 branch closures in a week – is YOURS affected?March 5, 202489JPMorgan Chase acquired First Republic after its collapse in May last yearSince then it has announced plans to close more...
BankingHow to protect YOUR cash from banking Armageddon: Shark Tank star Kevin O’Leary warns THOUSANDS more ‘radioactive’ regional banks could fail like SVB – you’ll be amazed how simple it is to be safeFebruary 14, 202495Regional banks are doomed.That's not necessarily a bad thing… if you're prepared for it.It's been almost a year since Silicon...
BankingThe US Government Is Suing Itself Over Silicon Valley BankFebruary 13, 2024128Photo: Ian Dyball (Getty Images)Can’t we all just get along? Not if you’re an employee of the federal government. The...
InvestingUndervalued UK banks set for potential 2024 turnaroundJanuary 12, 20241832023 marked a tumultuous period for banks globally, after the US suffered a regional banking crisis sparked by the collapse...
BankingUK Treasury plans reforms to manage small bank failures after SVB collapseJanuary 11, 202461The consultation, published today (11 January), comes nearly a year after the collapse of Silicon Valley Bank, when HSBC stepped...