Will former SVB UK clients turn to neobanks?
LONDON — HSBC acquired Silicon Valley Bank UK earlier this week, but will those tech clients stay with HSBC or ...
Tag: HSBC
UK, US move to address SVB collapse
LONDON — The United States and the United Kingdom are trying to sort out the impact of Silicon Valley Bank’s ...
Germany-based LBBW on SVB
LONDON – Startup founders at FinovateEurope were initially worried about the deposits they had with tech bank Silicon Valley Bank, ...
HSBC ups tech spend 19% since 2019
HSBC’s cost-reduction efforts have allowed the bank to up tech spend to improve workflow efficiency and customer experience. THE BIG ...
Tiger Global looks to raise $6B in next funding round
Tiger Global is looking to raise $6 billion for its next venture capital fund. The New York-based hedge fund recently ...
HSBC, Oracle NetSuite partner for automated payments
HSBC and Oracle NetSuite are partnering to provide automated, B2B payment services to help businesses address time-consuming accounts payable (AP) ...
Fintech Funding: Capital on Tap secures a $237M credit line
Capital on Tap announced Thursday that it has secured a $237 million credit line from $3.8 trillion JPMorgan and investment ...
Transactions: Discover, HSBC select IBM for cloud and quantum computing
Discover announced today that IT consultancy IBM will shift the card provider’s core processes onto a hybrid cloud. IBM will ...
HSBC tech spend climbs to $6B in 2021
HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased ...
Santander rushes to recoup £130 million mistakenly paid out to U.K. accounts
Banco Santander SA is racing to retrieve 130 million pounds ($175 million) paid out to thousands of British customers in ...
