Show Notes
In this episode, we cover HSBC's acquisition of Silicon Valley Bank's (SVB) UK unit for just £1. This dramatic deal was finalized after emergency talks by UK officials to prevent the collapse of SVB's British subsidiary, ensuring that depositors are protected without costing taxpayers. The acquisition highlights the far-reaching impact of SVB’s collapse and the swift measures taken by governments to stabilize markets.
Tune in for more details on this significant event. Learn more here.
