HSBC says that the transaction "completes immediately" and will be funded from existing resources. The UK central bank said the deal will ensure the continuity of banking services, minimise disruption to the UK technology sector. Importantly, the Bank of England and HM Treasury can confirm that all depositors' money with SVBUK is safe and secure as a result of this transaction. That will be a massive relief for tech companies, who feared an �existential threat' to their businesses if