When real-estate-startup cofounder Vai Gupta visited downtown San Francisco from the suburbs last year, he borrowed a conference room at a branch of Silicon Valley Bank to host a quick business meeting, just like he has several times over the past decade. Gupta also has leaned on the bank ...

US financial giant, HSBC has acquired Silicon Valley Bank UK on Monday morning in its bid to rescue the troubled UK arm of Silicon Valley Bank. The acquisition was significant in providing a lifeline for tech firms who had feared losing access to their deposits. The global giant emerged as a ...