DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Carlo Allegri - 1 We've - 1 David Sabow - 1 Manya Saini - 1 Saeed Azhar - 1 Shinjini Ganguli - 1 Tomasz Janowski - 1
Top related locs:
Manhattan New York City , New York U.S London Silicon United States Israel Hong Kong
Top related orgs:
HSBC - 1 REUTERS - 1 Silicon Valley Bank - 1 Federal Reserve - 1 KPMG - 1 Thomson - 1

Search resuls for: "David Sabow"


4 mentions found


☆ HSBC expands venture debt offering to early-stage startups in US
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +2 min
An HSBC bank is pictured during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., October 19, 2020. REUTERS/Carlo Allegri Acquire Licensing RightsAug 24 (Reuters) - HSBC (HSBA.L) said on Thursday it has expanded venture debt offering to early-stage startups through its U.S. innovation banking division. Debt has become an increasingly popular option for startups looking for cash in a tough financing market. HSBC hired 42 bankers from Silicon Valley Bank (SVB), which collapsed in March. "We've been working to mobilize the broader HSBC innovation banking platform around to really be able to support companies from Series A, all the way through their journey," said David Sabow, head of technology and healthcare at the bank's U.S. innovation banking unit.
Persons: Carlo Allegri, We've, David Sabow, Manya Saini, Saeed Azhar, Shinjini Ganguli, Tomasz Janowski Organizations: HSBC, REUTERS, Silicon Valley Bank, Federal Reserve, KPMG, Thomson Locations: Manhattan, New York City , New York, U.S, London, Silicon, United States, Israel, Hong Kong, Bengaluru, New York
☆ First Citizens sues HSBC for hiring away Silicon Valley Bank staff
  + stars: | 2023-05-22 | by ( Daniel Wiessner | Thomson Reuters | Dan Wiessner | ) www.reuters.com   time to read: +2 min
May 22 (Reuters) - First Citizens BancShares Inc (FCNCA.O), which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC (HSBA.L) on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers so it could gain access to Silicon Valley Bank's (SVB) trade secrets including information about clients in the tech and healthcare sectors. First Citizens in the lawsuit said it is seeking more than $1 billion in damages. First Citizens later in March purchased SVB's assets and deposits for up to $500 million in stock - a fraction of what the bank was worth before it failed. In April, HSBC had said it had hired dozens of Silicon Valley Bank employees to help the bank establish a dedicated practice focused on serving companies in technology and healthcare and investors who support them.
☆ A juicy lawsuit offers a window into a Wall Street hiring raid after HSBC took 40+ bankers from the remnants of SVB
  + stars: | 2023-05-22 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
HSBC hired more than 40 SVB bankers after the California bank was acquired out of receivership. First Citizens, which acquired SVB in the US, is now suing HSBC. The lawsuit offers a rare window into a Wall Street hiring raid. That's at the heart of a new lawsuit accusing HSBC of poaching more than 40 bankers from the failed California bank. Around March 21, per the lawsuit, Sabow met with several of the core leaders he had identified to discuss Project Colony.
☆ HSBC hires Silicon Valley Bank bankers to focus on tech, healthcare
  + stars: | 2023-04-11 | by ( ) www.reuters.com   time to read: 1 min
NEW YORK, April 11 (Reuters) - HSBC Holdings plc's (HSBA.L) U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and healthcare banking segment for the California-based bank that collapsed last month. HSBC USA said in a statement the hiring will help the bank establish a dedicated banking practice focused on serving companies in technology and healthcare, as well as investors who support them. HSBC has initially assembled a team of more than 40 bankers in the San Francisco Bay Area, Boston and New York City as part of this initiative, it said. Reporting by Saeed AzharOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 4