HSBC bank is closing these branches in 2023: Market Place, Blandford Forum - April 18, 2023; Devonshire Road, Bexhill-On-Sea - April 18, 2023; ... Gosport, England, PO12 1DN - April 26, 2023.

Key Background. First Citizens purchased $72 billion worth of assets from SVB at a discounted price of $16.5 billion after the bank’s collapse in March.

Silicon Valley Bank’s British subsidiary will be acquired by the banking giant HSBC, the Bank of England announced on Monday as it emphasized the stability of the nation’s banking system.