Tag: Director
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HSBC CEO on how the bank bought Silicon Valley Bank UK
The Bank of England announced on Friday that, “in the absence of meaningful further information”, it would place Silicon Valley Bank UK in insolvency proceedings. More than 200 companies – savers at SVB UK – wrote to the British Treasury on Saturday asking for help. HSBC UK announced at 7am London time on Monday that […]
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Silicon Valley Bank appoints new CEO as staff targets former bank chief
By Harriet Alexander For Dailymail.com 05:41 14 Mar 2023, updated 06:21 14 Mar 2023 Tim Mayopoulos, a veteran finance executive, was appointed CEO on Monday and said in a letter to clients that the lender is doing ‘business as usual’ Silicon Valley Bank employees have reacted furiously to the ‘absolutely idiotic’ actions of their previous […]