Yahoo

Raleigh’s First Citizens Bank sues HSBC for coordinated poaching of former SVB staff

On Monday, Raleigh’s family-owned First Citizens Bank & Trust sued the London financial giant HSBC in a North California district court, alleging that HSBC coordinated a scheme to steal key employees ...
Nasdaq

First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers

Jan 11 (Reuters) - First Citizens Bank's $1 billion lawsuit accusing HSBC of illegally poaching employees from Silicon Valley Bank (SVB) after its collapse "is confusing and needs to be cleaned up," ...
Law

First-Citizens Bank and Trust Company v. HSBC Holdings plc et al

HSBC Holdings, Silicon Valley Bank UK, David Sabow and other defendants were slapped with a trade secret lawsuit in California Northern District Court on Monday in connection with First-Citizens ...
Seeking Alpha

First Citizens sues HSBC for allegedly poaching Silicon Valley Bank staff

First Citizens Bank (NASDAQ:FCNCA) sued U.K. banking giant HSBC (NYSE:HSBC) for allegedly poaching 42 employees of Silicon Valley Bank two weeks after First Citizens bought the failed regional lender ...
Finextra

First Citizens sues HSBC over poaching of SVB staff

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. First Citizens purchased $72 billion worth of assets from SVB ...
Nasdaq

First Citizens claims HSBC execs knew of plot to poach Silicon Valley Bank workers

Feb 8 (Reuters) - First Citizens BancShares FCNCA.O claims in a new court filing that executives at HSBC Holdings HSBA.L, including CEO Noel Quinn, condoned a plan to steal employees and confidential ...
The Business Journals

First Citizens launches $1B lawsuit against HSBC for hiring SVB employees

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min First Citizens is accusing HSBC ...
Bloomberg L.P.

First Citizens Sues HSBC for Stealing SVB Staff, Secrets

First Citizens Bank & Trust Co. sued HSBC Holdings Plc for allegedly raiding dozens of employees from Silicon Valley Bank in a scheme dubbed “Project Colony” as First Citizens was taking over the ...
The Business Journals

Citizens Bank parent agrees to acquire 80 HSBC branches in 'springboard' for national expansion

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The deal gives Citizens an entry into New York City ...
Newsday

Citizens Financial to acquire HSBC's Long Island branches

Citizens Financial Group Inc. will acquire HSBC Bank's Long Island branches as part of a deal for its East Coast assets and national online deposit business. The deal includes 80 East Coast branches: ...
Reuters

First Citizens sues HSBC for hiring away Silicon Valley Bank staff

May 22 (Reuters) - First Citizens BancShares Inc (FCNCA.O), opens new tab, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC (HSBA.L), opens new tab on Monday, accusing ...