Tag: Bank of England
Amid recession fear, stock markets in Europe and Asia slide
Fear of recession drives stock markets in Europe and Asia
On Friday, the Stock markets in Europe and Asia fell as investors became increasingly worried...
HSBC acquires Silicon Valley Bank UK arm for one pound
HSBC buys UK subsidiary of collapsed Silicon Valley Bank
Global banking giant HSBC Holdings is coming to rescue the United Kingdom-based branch of the collapsed...
Global economy in its steepest slowdown since 1970, says World Bank
World Bank sees rising risk of global recession in 2023
On Thursday, the World Bank said that the global economy is in its steepest slowdown...