Chesnara Plc has agreed to buy HSBC Holdings Plc’s life insurance business in the UK, creating an entity with a combined £18 ...

LONDON — The UK Treasury and the Bank of England have “facilitated the sale″ of Silicon Valley Bank UK to HSBC, ensuring the security of $8.1 billion of deposits.

HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.