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    'Do you know who is the sole owner of HSBC UK which our government has just allowed to buy SVB UK, for the princely sum of £1 rather than intervene in the market itself'?

    Nope. Didn't know there was one. Who is it?

    BTW what's the problem with acquisition of SVB? Surely preferable to Govt intervention? We're not looking for a lender of last resort (this time!).

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