liquidity risk
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HSBC acquires SVB UK for £1: JPMorgan Chase Report
It is reported that JPMorgan Chase published a research report that HSBC Holdings announced the acquisition of SVB UK, a British branch of Silicon Valley Bank. Although the indicated purchase price is £ 1, the actual price depends on the amount of the capital gap of SVB UK. The bank believes that there is no obvious synergy between HSBC and the UK branch of Silicon Valley Bank, and it can be regarded as a national service act to prevent the liquidity risk of small UK banks. JPMorgan Chase mentioned that this matter is neutral for HSBC, but negative for SVB’s peers and subsidiaries. JPMorgan Chase: There is no obvious synergy between HSBC Holdings and the UK branch of Silicon Valley Bank Analysis based on this information:According to a recently published research report by JPMorgan Chase, HSBC Holdings is acquiring the UK branch of Silicon Valley Bank, SVB UK, for a purchase price of £1. However, the actual price will depend…
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The Future of Digital Cash Equivalent Payment Tokens
It is reported that Jeremy Allaire, co-founder and CEO of Circle, the issuer of the US dollar stable currency, said that compared with the liquidity risk of co…