THE TRUTH ABOUT: The bank of london | History Defined

UK banking watchdog issues ‘first of its kind’ £2m fine

IN FULL

The Independent UK · Mar 24

Bank of London and parent firm fined £2 million for misleading banking watchdog

The Prudential Regulation Authority (PRA) said it is the first time it has fined a firm for failing to conduct its business with integrity.

Evening Standard · Mar 24

Troubled UK bank fined £2 million for misleading financial watchdog

The PRA said it is the first time it has fined a firm for failing to conduct its business with integrity

The Independent UK · Mar 24

HSBC to buy Silicon Valley Bank UK after weekend of crisis talks

Chancellor Jeremy Hunt said deposits will be protected

The Independent UK · Mar 13, 2023

Silicon Valley Bank: FTSE 100 tumbles 2.5%; HSBC rescues SVB UK – as it happened

Silicon Valley Bank UK has been sold to HSBC, in a deal that protects depositors’ money, says Treasury and Bank of England after weekend talks

The Guardian - UK · Mar 13, 2023

Bank of London confirms bid to rescue Silicon Valley Bank UK

The clearing bank is the first confirmed bidder for the UK arm of the collapsed Silicon Valley Bank

Evening Standard · Mar 12, 2023

New bank considers offer for UK arm of collapsed Silicon Valley Bank

A new bank which has only been in business for two years is considering a bid to buy the British arm of the failed Silicon Valley Bank (SVB), according to reports.

Evening Standard · Mar 11, 2023