Tag: SVB

HSBC
March 13, 2023 BY Steffy Bogdanova

HSBC acquires UK’s Silicon Valley Bank for £1

Noel Quinn, the CEO of HSBC Group, commented: This acquisition makes excellent strategic sense for our business in the UK. It strengthens our commercial banking franchise and enhances our ability to serve innovative and fast-growing firms, including in the technology and life-science sectors, in the UK and internationally. The UK Financial Conduct Authority issued a…

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August 06, 2019 BY Valentina Kirilova

Kantox and Silicon Valley Bank to provide FX hedging technology to UK corporates

FX management solutions company, Kantox, has announced today that it has partnered with Silicon Valley Bank (SVB) to offer FX management software to SVB’s corporate clients across the United Kingdom. Dynamic Hedging, a micro-hedging solution developed by Kantox, fully automates FX risk management to create greater efficiencies for treasurers. The technology provides better visibility over…

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