UK government and BOE confirms facilitated sale of SVB UK to HSBC UnitedKingdom Banks Macroeconomics
, the UK Finance Minister, Jeremy Hunt, said on Monday that the “deposits will be protected, with no taxpayer support.”Additional takeaways"No other UK banks are directly materially affected by these actions."Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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