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SVB UK's Deposit Base Climbs Back to Over GBP7B after HSBC Acquisition: Report
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The British arm of Silicon Valley Bank (SVB UK) has seen its deposit base rebounded to a level of more than GBP7 billion, after HSBC HOLDINGS (00005.HK) acquired the company for GBP1, Sky News reported. Since the beginning of last week, business customers have deposited more than GBP300 million into SVB UK, with net inflow being recorded each day, sources revealed. AAStocks Financial News |
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