TG: HSBC to buy Silicon Valley Bank UK for £1 in government rescue deal
THE GUARDIAN reports: The government has struck a last-minute deal for HSBC to buy Silicon Valley Bank’s UK ...
THE GUARDIAN reports:
The stock plunge engulfing Adani Group companies gathered pace on Thursday after the Indian conglomerate abandoned its share offer in an escalating crisis triggered by fraud claims that has cut more than US$100bn in value from the power-to-ports empire.
The conglomerate’s flagship listed company, Adani Enterprises, along with Adani Ports shed more than 10% before paring some losses in early trading in Mumbai. Some Adani bonds have plunged to distressed levels.
The relentless selling has triggered questions about how ...
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