UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1
Bloomberg Daybreak: Europe Edition
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Introduction
Bloomberg Invest returns to London on March 22nd, gathering leading financial thinkers in investing. HSBC buys the UK Division of Silicon Valley Bank for Enominal Fee. US authorities protect SBB, depositors in a bid to avert contagion. Goldman scraps its bet on a March rate hike because of the recent stress in the banking system.
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