The new HSBC Innovation Banking division, announced at the start of London Tech Week, will house SVB UK and new teams based in the US, Hong Kong and Israel
HSBC has positioned itself as the international bank for scale-ups that want to expand overseas. HSBC UK head of corporate banking Jane Galvin sees her role as much wider than just being a corporate financier
In response to the economic crisis, HSBC has created a $5 billion (£3.3 billion) working capital fund for small and medium-sized enterprises worldwide.