• 09/20/2024

SVB’s New Owner Sues HSBC for Poaching Key Bankers

Wall Street Journal

First Citizens, which bought most of Silicon Valley Bank in late March, has sued the British lender for more than $1 billion in damages over a talent exodus.

https://www.wsj.com/articles/svbs-new-owner-sues-hsbc-for-poaching-key-bankers-58455b19