HSBC Acquires Silicon Valley Bank U.K. For 1 Pound

HSBC UK, a ring-fenced subsidiary of HSBC, has acquired Silicon Valley Bank UK for £1 ($1.21), according to its latest filing. In a statement from the Treasury, the Bank of England is monitoring the transaction in consultation with the British…

Gary Lineker to return to present BBC sports

Gary Lineker will return to presenting on the BBC this weekend, the company has announced, bringing an end to the stand-off that plunged sports coverage into chaos for the weekend. Lineker, who presents Match the day, was suspended on Friday…