The beleaguered bank's UK subsidiary gave its staff $18 million in bonuses this week after HSBC purchased the institution in a rescue deal.

Wall Street Breakfast: What Moved Markets

12:08pm, Saturday, 18'th Mar 2023 Seeking Alpha
Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify.
Silicon Valley Bank's UK arm handed out over 15 million pounds ($18 million) in bonuses days after its rescue deal this week by HSBC, Sky News reported on Saturday.
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, says, "the underlying fundamentals here are pretty good," as he explains why he still likes European banks amid concerns about Credi

European banks see a sharp sell-off

01:49pm, Wednesday, 15'th Mar 2023
CNBC's Julianna Tatelbaum, joins the 'Halftime Report' to discuss European banks tumbling, the force behind the Credit Suisse sell-off and Europe's central bank policy.
Ameriprise Financial, Everest Re Group, Microchip Technology, Henry Schein and HSBC Holdings are part of the Zacks top Analyst Blog.
European banking shares were hammered on Wednesday as confidence in the sector already rattled by the collapse of Silicon Valley Bank in the US was knocked further by a fall of more than 25% in the va

HSBC acts to halt SVB UK customer flight

08:46am, Wednesday, 15'th Mar 2023
HSBC has sought to reassure Silicon Valley Bank (SVB) UK's customers that their deposits are safe as firms weigh up whether they should stick with the bank after it rescued SVB UK in a last-minute d

ROKU Relieved by Silicon Valley Bank Bailout Amid Losses

05:02pm, Tuesday, 14'th Mar 2023 Zacks Investment Research
ROKU discloses that about 26% of its cash and cash equivalents as of Mar 10 - roughly $487 million - is held at SVB, currently taken over by the Federal Deposit Insurance Corp.
ROKU discloses that about 26% of its cash and cash equivalents as of Mar 10 - roughly $487 million - is held at SVB, currently taken over by the Federal Deposit Insurance Corp.

Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks

01:10pm, Tuesday, 14'th Mar 2023 Zacks Investment Research
The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate i

Fed May Stick to 25 bps Rate Hike After SVB Fiasco: 5 Picks

12:40pm, Tuesday, 14'th Mar 2023 Zacks Investment Research
We have narrowed the search to select five companies that have strong potential for 2023. These are: AMP, RE, MCHP, HSIC and HSBC.
We have narrowed the search to select five companies that have strong potential for 2023. These are: AMP, RE, MCHP, HSIC and HSBC.
HSBC Holdings plc agrees to acquire SVB Financial Group's UK-based business for merely £1. Although a distressed asset, SVB's UK-based segment is a going concern with an accounting surplus.
British banking giant HSBC is reportedly set to inject $2.1 billion into Silicon Valley Bank UK. Bank officials told investors Monday (March 13) that HSBC was prepared to commit billions of pounds in
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