Erin Platts News
22.03 / 20:45
Provident
Williams
CEO
HSBC
Boeing
SVB
HSBC approves multi-million-pound bonuses for Silicon Valley Bank UK staff
On March 10, the activities of Silicon Valley Bank UK were terminated by order of the Bank of England (BoE), which said that the bank did not provide any «critical services» in support of the financial system. Once this event occurred, HSBC purchased the bank for the very cheap price of one pound. But, just a few days following the purchase, HSBC gave its approval for bonuses of several millions of pounds to be given to workers and top executives of Silicon Valley Bank UK.
19.03 / 09:23
regulation
Report
HSBC
Bank of England
SVB
Bankruptcy
SVB's UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC for just 1 pound, a recent report revealed.
11.03 / 21:19
Fallout
SVB
‘We need a plan for Monday’: UK authorities scramble to stem Silicon Valley Bank fallout
On 10 March, Silicon Valley Bank's UK boss Erin Platts told a Zoom call with investors the bank was "doing the best that it can" to support them.
24.05 / 15:29
Silicon Valley Bank’s Erin Platts: Tech stock ‘recalibration’ is no bad thing
You might expect Erin Platts to be a bit downbeat, amid the biggest slump in technology stocks in two decades. After all, as European head of Silicon Valley Bank, her business depends entirely on the fortunes of fast-growing tech companies.
24.05 / 02:59
Silicon Valley Bank’s Erin Platts: Tech stock ‘recalibration’ is no bad thing
You might expect Erin Platts to be a bit downbeat, amid the biggest slump in technology stocks in two decades. After all, as European head of Silicon Valley Bank, her business depends entirely on the fortunes of fast-growing tech companies.
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