All the updated news related to bank of london

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Bank branch of Northern line reopens after ‘vital’ work to ease Tube congestion

A key London Underground section has been reopened following a 17-week closure for major improvement work. Services resumed on the Bank branch of the Northern line on Monday after what London mayor Sadiq Khan described as “vital” work to ease ...

16 May 2022 at 13:25

City

Silicon Valley Bank UK sold to HSBC

The UK arm of collapsed US lender Silicon Valley Bank has been bought by HSBC after the Government and Bank of England stepped in to “facilitate” a private sale. Chancellor Jeremy Hunt confirmed that all customer deposits have been protected ...

13 Mar 2023 at 09:08

City

Why did Silicon Valley Bank collapse and are other lenders at risk?

The collapse of the 16th largest bank in the US sent ripples through global markets on Monday as Governments and businesses scrambled to figure out what the impact would be and how it could be contained. Silicon Valley Bank collapsed on ...

13 Mar 2023 at 13:00

City

HSBC buys Silicon Valley Bank UK in rescue deal to avoid tech sector chaos

HSBC has bought the UK arm of collapsed US lender Silicon Valley Bank in a last-minute rescue deal to avert a crisis in Britain’s technology sector. The sale – for a nominal sum of £1 – was agreed after all-night talks between the ...

13 Mar 2023 at 14:00

City

Revolut secures UK banking licence after three-year wait

Revolut has secured a UK banking licence, marking the end of the fintech giant’s three-year wait for approval to operate as a bank in its home market. A licence means the company will be able to hold customer deposits, and offer ...

25 Jul 2024 at 14:25

Banks significantly increased fossil fuel financing in 2024, analysis finds

The world’s biggest banks significantly increased their fossil fuel finance in 2024, according to an analysis. The top 65 lenders – which include UK giants Barclays, HSBC, Natwest and Lloyds Banking Group – committed 869 ...

17 Jun 2025 at 08:53

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