LONDON, March 13 (Reuters) - Britain's finance minister
Jeremy Hunt said the government and the Bank of England had
facilitated a private sale of the UK arm of Silicon Valley Bank
to HSBC , in a move which will protect deposits without
taxpayer support.
(Reporting by Sarah Young; Editing by Kate Holton)
Messaging: sarah.young.thomsonreuters@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.