HSBC Bank Sued By First Citizens For Allegedly Poaching SVB Staff

HSBC Bank Sued By First Citizens For Allegedly Poaching SVB Staff

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First Citizens BancShares, which acquired the failed Silicon Valley Bank after the federal government seized the firm in March, is suing British banking giant HSBC for allegedly illegally hiring more than 40 SVB employees to launch a venture banking business—which First Citizens claims should…

#siliconvalleybank #hsbc #firstcitizens #svb #davidsabow

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