Silicon Valley Bank UK is back in the headlines.

Silicon Valley Bank UK is back in the headlines. Now known as HSBC Innovation Bank after being bought for just £1, the bank has paid a massive £135 million dividend to its parent company. But here is the catch, that is actually a huge drop from the £333 million it paid out the year before. The lender is currently swallowing the costs of a major restructure that resulted in about 100 job cuts. Is this a sign of stability or a warning for tech financing? Let us know what you think in the comments. Listen to Business As Usual, brought to you by Okta. #SiliconValleyBank #HSBC #Banking #Finance #BusinessNews #TechNews #CityOfLondon