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Title: HSBC Pays £1 For Silicon Valley Bank's UK Unit In Rescue Deal
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URL Source: https://www.zerohedge.com/markets/u ... bank-collapse-chancellor-warns
Published: Mar 13, 2023
Author: Tyler Durden
Post Date: 2023-03-13 07:58:32 by Horse
Keywords: None
Views: 122
Comments: 2
"I said yesterday that we would look after our tech sector, and we have worked urgently to deliver..." Poster Comment: HSBC is an old drug money laundering bank from the days of the Opium wars.
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#1. To: Horse, 4um (#0)
They paid too much. HSBC acquired SVB UK for the nominal sum of £1 (equivalent to $1.21 at current exchange rates). The transaction has been completed with immediate effect, and funding will be sourced from HSBC's existing resources.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”
#2. To: All (#1)
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”
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