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UK banks 'in very different place' than they were in 2008, says HSBC UK CEO

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Chief executive of HSBC UK Ian Stuart joined Sky News' Ian King to discuss HSBC's rescue of Silicon Valley Bank UK amid fears of a banking crisis.

He said: "We want to underpin the business - we've already put £2.2bn of liquidity. We will be supporting the bank by putting our own machinery into it - and then we'll get into growth mode."

#banking #finance #skynews

Read more here: https://news.sky.com/story/chancellor-welcomes-decision-to-give-credit-suisse-44-5bn-lifeline-as-shares-bounce-back-12835028

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Category
World
Tags
silicon valley bank, silicon valley, silicon valley bank crash
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