SVB pays £15 million in bonuses to execs after rescue..
Only days after being rescued by HSBC, the UK arm of the Silicon Valley bank received bonuses for its executives that total between £15m to £20m. It might be argued that the SVB rescue was not a ‘bailout’ as such. It could be sustained that in fact the bank was bought by another bank (HSBC) … for…
#hsbc #siliconvalley #svb