The government is set to grill the Bank of England over why HSBC was chosen to rescue the UK arm of collapsed lender Silicon Valley Bank.
Investment Banking
Bank of England faces MP grilling on HSBC’s rescue of SVB’s UK arm
BoE officials will be questioned on the process for selecting HSBC over other banks and how the price was determined
The government is set to grill the Bank of England over why HSBC was chosen to rescue the UK arm of collapsed lender Silicon Valley Bank.