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Silicon Valley Bank collapse stuns tech firms around the world, global operations dismantled

Jessica McDaniel 1 week ago in Breaking News 13

AMAZON PRIME

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The of (SVB), which has historically played a key role in giving Chinese start-ups access to US money, has turned a bromance into a nightmare for many of its clients and investors, according to industry sources. HSBC has swooped in to buy the collapsed ’s UK subsidiary for a nominal £1, while the US ’s subsidiary in China may be taken over by its Chinese partner Shanghai Pudong Development (SPDB), according to sources familiar with the matter.

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BREAKING

Emmanuel Macron
Andrew Tate
Yale SOM
Klaus Schwab

Related posts:

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  3. Kennedy: Silicon Valley Bank was focused on creating the wrong 'safe space'
  4. HSBC buys UK arm of Silicon Valley Bank for £1 – BBC News
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