HSBC Holdings is getting ready to a deal to rescue Silicon Valley Financial institution UK after a last-ditch settlement that may avert the lender’s insolvency.
Sky Information has learnt that HSBC is making ready to announce, alongside the federal government, that it has struck a deal to accumulate the stricken financial institution.
#SVBUK #Banking #Economic system #SkyNews
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Signature bank New York closed!
After losing so much to stock market, One best investment decision I ever made afterwards was investing in financial markets. Which has earned me $34,970 profit every 14days lately. Trust me guys it pays a lot<<<<<
The wolves are circling…the Hong Kong bank? will they be allowed to get their hands on this bank?
The dying American liberal empire.
2008×10 incoming 💯
'Supporting confidence in the financial system'
Yeah ok 🤣🤣🤣
While USA SVB is dead ? Biden Gov Woke lies, so when they say they cover all deposits for USA SVB, I doubt it.. Since they lie, they probably lie about this, too..
the criminal bank is growing
The Western Hegemony playing with house money. Disgusting!
Oh an American bank destroying the global economy once again. What a surprise. Can Russia please do something about the USA 🙏🏻
This is BIG news for CRYPTO..
Will definitely encourage people to "be your own bank"
What's a bank without any service? Get rid of all of them.
CRYTO with SMART CONTRACTS is the solution(by algorithmically monitoring reserve requirements and collateral to compensate affected depositors with said collateral should the Bank make bad bets)
Retirement funds all over the world got hit and will keep on getting hit thanks to clueless central planners. All banks are under water.
HSBC does not have the liquidity to pay out its own customers. This is just another con. SVB customers will 100% want their money back now. So HSBC will go down too. Very soon.
INVEST IN FTX TODAY !
I would still go and get my money out…
They bought the bank with 1 pound.
Billionaires wont hide cash under their mattresses!
A significant portion will go into Crypt0..
HSBC are insolvent as from 2007, so where did HSBC get the money from ?
With the backwardness of our economy, increment in the price of gas, alarming rates of unemployment.i must confess our country have taken a wrong turns.vividly I don't know how else to carter for my expenses
Hopefully the first thing they do is sack without compensation any expensive executives who presided over this mess.
Everyone withdraw all of your savings immediately
Welcome to the drinking game called “SVB UK”. Good luck!
Share price has dropped from 600 to to 82 in a year …. Buy now and see a profit in 2-4 years
Ok well. I'm no banker, but Isn't HSBC Hong Kong/ Shanghai ?
HSBC should be preoccupied with saving UK instead, It still amazes me that UK is 6th largest economy. How come? They must have overvalued their real estate and services… With the quality of British housing being on par with third world countries how did they made it to 6th largest and and not rather into 16th largest economy in the world
SVB played rullete with cryptocurrencies, and lost, let it rot . Are we gonna bailout each GAMLER every time they loose? If their investment bring profit , profit is PRIVATE, if they loose THE LOSS is POOBLIC we bail them out. DISGRACE to averige citizen paying taxes
Biden: your money is safe our printers are working hard!
HSBC were formed to launder drug money during the Opium Wars. David sCameron’s great great grandfather was the City of London’s Rothschild man for that. A century or two later & HSBC were still laundering money whist David sCameron was UK PM.
Kay is looking better these days.
Great, let Communists buy our tech firms funding.