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Bloomberg Daybreak: Europe Edition chevron_right

UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1

Mar 13, 2023
16:18
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1
Introduction
00:00 • 2min
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2
Jeremy Hunt's Deal to Buy HSBC UK
01:37 • 2min
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3
The US Treasury Department, Federal Reserve and Federal Deposit Insurance Corps Jointly Announced the Effort to Strengthen Confidence
03:17 • 2min
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4
HSBC Buying Silicon Valley Bank
04:54 • 3min
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5
The UK Banking System Is Very Secure, It's Well Capitalised
07:41 • 2min
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6
Bloomberg Invest
09:20 • 2min
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7
HSBC Shares
11:21 • 2min
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8
Is There Just One Cockroach?
12:51 • 2min
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9
Will the US Have to Apply the Fed Program to Smaller Banks?
14:55 • 2min
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10
Bloomberg Invest - Is the Tech Sector to Blame?
16:32 • 2min
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(1) HSBC buys the UK division of Silicon Valley Bank for a nominal fee.

(2) US authorities protect SVB deposits in a bid to avert contagion.

(3) Sunak says that a plan to support UK tech businesses will be announced "very shortly"

(4) Goldman scraps it's bet on a March rate hike because of "recent stress in the banking system."

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