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HSBC to acquire SVB's UK unit for GBP 1

Finance

13 March, 2023

HSBC to acquire SVB's UK unit for GBP 1

HSBC bought the UK arm of Silicon Valley Bank for a symbolic one pound on Monday, rescuing a key lender ......

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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack ......

Citi Ventures, Accel invest in digital asset manager xalts

TMT

07 October, 2022

Citi Ventures, Accel invest in digital asset manager xalts

Citi Ventures and venture capital firm Accel on Friday, announced an investment of $6 million in xalts, an institution-focused digital ......

upGrad onboards edtech unicorn Eruditus' exec as Vice President

People

07 January, 2022

upGrad onboards edtech unicorn Eruditus' exec as Vice President

Ronnie Screwvala’s upGrad, which joined India’s unicorn club with $1.2 billion valuation in August last year, has appointed edtech unicorn ......

Fidelity, Goldman Sachs, others, infuse Rs 311.88 cr in Mapmyindia IPO as anchor investors

Markets

09 December, 2021

Fidelity, Goldman Sachs, others, infuse Rs 311.88 cr in Mapmyindia IPO as anchor investors

Delhi-based C.E. Info Systems Ltd, that owns and operates Mapmyindia, has raised Rs 311.88 crore (approximately $41.6 million) from 34 ......

HSBC joins investors reckoning worst is over in China

Finance

26 October, 2021

HSBC joins investors reckoning worst is over in China

Analysts at Europe's biggest bank HSBC have turned bullish on Chinese stocks, arguing the worst of a regulatory storm has ......

HSBC names insider Hitendra Dave as India CEO

Finance

07 June, 2021

HSBC names insider Hitendra Dave as India CEO

HSBC Holdings said on Monday it appointed Hitendra Dave as the chief executive officer of its India branch effective June ......

CapitaLand secures $228 mn in green loans for India business parks

Infrastructure

18 November, 2020

CapitaLand secures $228 mn in green loans for India business parks

Singapore-based CapitaLand has secured its first three green loans in India from DBS Bank and HSBC, the real estate group ......

‘FinCEN' documents reportedly show banks moved illicit funds: Reports

Finance

21 September, 2020

‘FinCEN' documents reportedly show banks moved illicit funds: Reports

Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags ......

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HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

Finance

04 September, 2020

HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......