UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1
Bloomberg Daybreak: Europe Edition
March 13, 202316m 18s
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Show Notes
(1) HSBC buys the UK division of Silicon Valley Bank for a nominal fee.
(2) US authorities protect SVB deposits in a bid to avert contagion.
(3) Sunak says that a plan to support UK tech businesses will be announced "very shortly"
(4) Goldman scraps it's bet on a March rate hike because of "recent stress in the banking system."
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