HSBC buys SVB UK as regulators back US deposits

clock • 6 min read
HSBC buys SVB UK as regulators back US deposits

Government facilitates emergency sale of UK arm of troubled bank, assuring customers they have access to their deposits

HSBC has bought Silicon Valley Bank UK, ensuring customers of the failed US-founded institution have access to their deposits and banking services. The news of the sale was revealed this morning by...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

'A welcome sign': UK announces £400m loan for Tropical Forests Forever Facility
Investment

'A welcome sign': UK announces £400m loan for Tropical Forests Forever Facility

Government promises to support high profile forest fund that aims to help protect more than a billion hectares of tropical rainforest

Stuart Stone
Stuart Stone
clock 03 September 2026 • 5 min read
Study: UK energy tech has raised over $16bn in equity funding
Investment

Study: UK energy tech has raised over $16bn in equity funding

Deal volume may have fallen for four consecutive years, but funding has continued to increase to $2.4bn in 2025, Tracxn Technologies confirms

Stuart Stone
Stuart Stone
clock 03 September 2026 • 2 min read
What investors need to understand about habitat banks
Investment

What investors need to understand about habitat banks

Habitat banks are often viewed as Biodiversity Net Gain units waiting to be sold - but their real investment value lies in the land, expertise and long-term stewardship behind them, writes Simon Towers from Green Earth Developments Group

Simon Towers, Green Earth Developments Group
clock 03 September 2026 • 6 min read