Silicon Valley Bank

Tokyo, Mar 14 (EFE).- Three of the largest Japanese banks, Mitsubishi UFJ, Mizuho and Sumitomo Mitsui Financial Group, recorded significant losses Tuesday along with other Japanese financial entities in the first half of trading on the Tokyo Stock Exchange due to fears of their exposure to the bankruptcy of Silicon...

London, Mar 13 (EFE).- The British subsidiary of the collapsed Silicon Valley Bank has been sold to HSBC in a private deal facilitated by the United Kingdom’s government and the Bank of England. Jeremy Hunt, the UK’s chancellor of the exchequer, said no taxpayer money was used in the private...