Saturday, March 11, 2023

Bank of London weighs rescue bid for Silicon Valley Bank's UK arm: Sky News

The news of the British bank's bid interest comes a day after the Bank of England said it was seeking a court order to place SVB UK into an insolvency procedure, after U.S. regulators took over its parent company SVB Financial Group earlier on Friday.

from Economic Times https://ift.tt/DNmRC69

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Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter's NBFC

PN Vasudevan's recent announcement of his resignation as managing director of Equitas Small Finance Bank highlights pressing concerns ov...