Fintech Insider Podcast by 11:FS cover image

718. News: The ultimate Silicon Valley Bank explainer

Fintech Insider Podcast by 11:FS

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Is HSBC the Big Winner?

HSBC has a reputation to be reasonably cautious. So I wouldn't expect them to have bought it even for a pound without having done sufficient diligence, he says. The collapse of a bank is a really bad thing because banks sit at the core of the economy. Imagine if all of those companies got wiped out. That would be a huge blow not just to the UK economy now, but to the future of the UK economy.

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