Silicon Valley Bank's bankruptcy fallout: HSBC and First Citizens Bank strategic moves in FinTech.
- Javier Guevara Torres & Lina Guevara
- Apr 21, 2023
- 14 min read
Updated: Aug 4, 2023
Welcome to the first part of our two-part blog series that will be exploring the impact of the Silicon Valley Bank (SVB) collapse on the banking industry. In this first part, we will focus on the ripple effects of SVB's bankruptcy on the digital banking industry, HSBC's acquisition of SVB UK arm, and First Citizens Bank's acquisition of SVB.