UK banks 'in very different place' than they were in 2008, says HSBC UK CEO
Sky, 16 Mar 2023
Chief executive of HSBC UK Ian Stuart joined Sky News' Ian King to discuss HSBC's rescue of Silicon Valley Bank UK amid fears of a banking crisis.
He said: "We want to underpin the business - we've already put £2.2bn of liquidity. We will be supporting the bank by putting our own machinery into it - and then we'll get into growth mode."
#banking #finance #skynews
Read more here: https://news.sky.com/story/chancellor-welcomes-decision-to-give-credit-suisse-44-5bn-lifeline-as-shares-bounce-back-12835028
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales