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HSBC-SVB deal fails to boost FTSE 100

(Alliance News) - Shares were lower at midday in London on Monday, as bank shares suffered from the collapse of Silicon Valley Bank. HSBC Holdings stepped in on Monday morning, saying it would buy the UK arm of the US lender for the…

Mining stocks weigh on blue-chip index

(Alliance News) - Stock prices in London were largely lower at midday on Monday, with the FTSE 100 trading in the red, weighed down by poor performances from -mining stocks. The FTSE 100 index fell 37.28 points, or 0.5%, to 7,909.83,…