{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5b0fd1107b67904376d520f7/640eef556e8a380011ab12af?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"HSBC buys SVB UK arm, Power Metal Resources and Tekcapital with Alan Green","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5b0fd1107b67904376d520f7/1528450062858-bed092fdeb27e812728e9e7b55a3d7a5.jpeg?height=200","description":"<p>The UK Investor Magazine Podcast is joined by Alan Green as we delve into market gyrations in the wake of SVB’s failure. We also discuss a number of UK equities.</p><p><br></p><p><strong>We discuss:</strong></p><p><br></p><ul><li>HSBC (LON:HSBA)</li><li>Power Metal Resources (LON:POW)</li><li>Tekcapital (LON:TEK)</li></ul><p><br></p><p>HSBC has stepped in to buy SVB’s UK arm and provide certainty to their deposit holders. This has avoided immediate contagion but investors a still clearly uncertain about the medium term consequences as the FTSE 100 drops another 2% in early trade on Monday.</p><p><br></p><p>Tekcapital has announced MicroSalt has added another distributor in H Mart. H Mart will stock their SaltMe crisps.</p><p><br></p><p>We also look at Power Metal Resources and their change of personnel. Paul Johnson will stand down as CEO, but will remain a part of the company.</p>","author_name":"UK Investor Magazine"}