Britain HSBC SVB Britain

HSBC shareholders back Silicon Valley Bank clients to deliver growth

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Some of HSBC’s largest shareholders have thrown their support behind its move to buy Silicon Valley Bank's UK arm, saying it will boost the lender's presence in one of the highest-growth areas in the economy.HSBC’s share price has fallen by around 8% since 13 March after it announced a rescue deal to buy SVB UK for just £1, following a weekend...

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