Fintech Insider Podcast by 11:FS cover image

750. News: Andreessen Horowitz lands in London and HSBC rebrands Silicon Valley Bank UK

Fintech Insider Podcast by 11:FS

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The 11th Hour Rescue of the UK Subsidiary of Failed Silicon Valley Bank

HSBC has unveiled its new HSBC innovation banking unit following its 11th hour rescue of the UK subsidiary of failed Silicon Valley bank. It will bring together SVB UK and freshly formed teams in the US, Israel and Hong Kong as it focuses on tech and life science enterprises. Now we put out a question on our 11FS LinkedIn page about whether or not to drop the Silicon Valley bank name. 80% said yes, it's tarnished and 20% said no, it still means something.

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