Silicon Valley Bank £1 + Whole Lot Of Liabilities, HSBC Buys

HSBC has stepped in to purchase the U.K. arm of collapsed tech startup lender Silicon Valley bank after all-night talks.

HSBC UK acquired SVB U.K. for £1 ($1.21), in a deal that excludes the assets and liabilities of SVB U.K.'s parent company.

A consortium of private equity firms had also submitted a formal acquisition proposal to the U.K. Treasury and the Prudential Regulation Authority at the Bank of England.

Regional Banks Recover From Crisis?

The banking sector has shown strong performance in the second quarter, with banking companies reporting earnings beats exceeding estimates. Bank ETFs also performed exceptionally well this month ------ Will you add regional banks? How do you expect upcoming small bank earnings

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Jadenssr
2023-03-15
Jadenssr
Hmm
kslee9566
2023-03-15
kslee9566
ok
Investigater
2023-03-15
Investigater
Right
Sushil
2023-03-15
Sushil
ok
STLoke
2023-03-15
STLoke
sure
AlexChan888
2023-03-15
AlexChan888
okay

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9949226084,"tweetId":"9949226084","gmtCreate":1678702599849,"gmtModify":1678702604587,"author":{"id":4088639346266630,"authorId":4088639346266630,"authorIdStr":"4088639346266630","name":"daz888888888","avatar":"https://community-static.tradeup.com/news/8bbe8cd95504dc1e0dd3af78504d3f7e","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"93.35%","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"25e232d22d8643848cf80ace9e021d6d","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Regional Banks Recover From Crisis?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":25e232d22d8643848cf80ace9e021d6d}&rnconfig={\"headerBarHidden\": true}","description":"The banking sector has shown strong performance in the second quarter, with banking companies reporting earnings beats exceeding estimates. Bank ETFs also performed exceptionally well this month\n------\nWill you add regional banks?\nHow do you expect upcoming small bank earnings","image":"https://community-static.tradeup.com/news/135702ffee0e70e78aff576821e35afe"}],"images":[],"coverImages":[],"title":"Silicon Valley Bank £1 + Whole Lot Of Liabilities, HSBC Buys","html":"<html><head></head><body><a href=\"https://ttm.financial/S/SIVB\">$SVB Financial Group(SIVB)$&nbsp;</a>\nHSBC has stepped in to purchase the U.K. arm of collapsed tech startup lender Silicon Valley bank after all-night talks.\nHSBC UK acquired SVB U.K. for £1 ($1.21), in a deal that excludes the assets and liabilities of SVB U.K.'s parent company.\nA consortium of private equity firms had also submitted a formal acquisition proposal to the U.K. Treasury and the Prudential Regulation Authority at the Bank of England.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/SIVB\">$SVB Financial Group(SIVB)$&nbsp;</a>\nHSBC has stepped in to purchase the U.K. arm of collapsed tech startup lender Silicon Valley bank after all-night talks.\nHSBC UK acquired SVB U.K. for £1 ($1.21), in a deal that excludes the assets and liabilities of SVB U.K.'s parent company.\nA consortium of private equity firms had also submitted a formal acquisition proposal to the U.K. Treasury and the Prudential Regulation Authority at the Bank of England.</body></html>","text":"$SVB Financial Group(SIVB)$ HSBC has stepped in to purchase the U.K. arm of collapsed tech startup lender Silicon Valley bank after all-night talks. HSBC UK acquired SVB U.K. for £1 ($1.21), in a deal that excludes the assets and liabilities of SVB U.K.'s parent company. A consortium of private equity firms had also submitted a formal acquisition proposal to the U.K. Treasury and the Prudential Regulation Authority at the Bank of England.","highlighted":2,"essential":1,"paper":2,"likeSize":32,"commentSize":26,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9949226084","repostId":0,"isVote":1,"tweetType":1,"viewCount":1758,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SIVB"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":371,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106047563,"gmtCreate":1678893627803,"gmtModify":1678893631047,"authorId":4098441924445290,"author":{"id":4098441924445290,"authorId":4098441924445290,"name":"Jadenssr","avatar":"https://static.tigerbbs.com/826aac7b69e61bec75d8647c286bc549","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949226084,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106047552,"gmtCreate":1678893543052,"gmtModify":1678893546216,"authorId":3583644431775375,"author":{"id":3583644431775375,"authorId":3583644431775375,"name":"kslee9566","avatar":"https://static.tigerbbs.com/547278d0b48b0d822a0c5c43d2d6c06e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949226084,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106047544,"gmtCreate":1678893478421,"gmtModify":1678893481726,"authorId":3571011001777364,"author":{"id":3571011001777364,"authorId":3571011001777364,"name":"Investigater","avatar":"https://static.tigerbbs.com/6cc9755a32715757af2686d3467dc2be","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949226084,"type":1,"supId":0,"prevId":0,"content":"Right","text":"Right","html":"Right","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106047543,"gmtCreate":1678893472896,"gmtModify":1678893476374,"authorId":3582968219722259,"author":{"id":3582968219722259,"authorId":3582968219722259,"name":"Sushil","avatar":"https://static.tigerbbs.com/d0cc7affdc757cea93c79a14c571cfdd","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949226084,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106047538,"gmtCreate":1678893457968,"gmtModify":1678893461129,"authorId":4088220260028080,"author":{"id":4088220260028080,"authorId":4088220260028080,"name":"STLoke","avatar":"https://static.tigerbbs.com/69d7e7705000646320fe426fccb39c93","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.06","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949226084,"type":1,"supId":0,"prevId":0,"content":"sure","text":"sure","html":"sure","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106047530,"gmtCreate":1678893432038,"gmtModify":1678893435207,"authorId":4088992021427880,"author":{"id":4088992021427880,"authorId":4088992021427880,"name":"AlexChan888","avatar":"https://community-static.tradeup.com/news/e20e7aaa911eb6974287f881b276a687","vip":1,"hat":"https://static.tigerbbs.com/306aa047bc14b6942cda1aed925cf8c3","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949226084,"type":1,"supId":0,"prevId":0,"content":"okay","text":"okay","html":"okay","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9949226084"}