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HSBC Innovation Banking Expands Venture Debt Offering

HSBC Innovation Banking, a business division with services provided by HSBC Bank USA and its affiliates, expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national enterprises.

First Citizens Claims HSBC’s Silicon Valley Bank Staffing Additions ‘Violated Federal Law’

Reuters reported that First Citizens Bank filed a lawsuit against HSBC after it hired “dozens” of former Silicon Valley Bank employees in April. According to Reuters, First Citizens is alleging that HSBC “violated federal law by hiring away the workers.”

May 23, 2023 David Sabow | First Citizens Bank | HSBC | Silicon Valley Bank Ian Koplin

HSBC Adds ‘Dozens’ of Former Silicon Valley Bank Employees to US Division

According to Reuters, David Sabow, the former head of technology and healthcare in North America for Silicon Valley Bank, is leading a team of “dozens” of former Silicon Valley Bank employees in joining HSBC’s U.S. division.

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Tag Archives: David Sabow

HSBC Innovation Banking Expands Venture Debt Offering

First Citizens Claims HSBC’s Silicon Valley Bank Staffing Additions ‘Violated Federal Law’

HSBC Adds ‘Dozens’ of Former Silicon Valley Bank Employees to US Division