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Emily Turner appointed CEO of HSBC Innovation Banking UK

Published by Uma Rajagopal

Posted on November 21, 2024

1 min read

· Last updated: January 28, 2026

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LONDON (Reuters) – HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank. Turner replaces former Silicon Valley Bank UK head Erin Platts, HSBC said, who will support […]

LONDON (Reuters) – HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank.

Turner replaces former Silicon Valley Bank UK head Erin Platts, HSBC said, who will support the bank as a special adviser .

Simon Bumfrey, interim CEO of HSBC Innovation Banking, will resume his role as head of technology and life sciences at HSBC Innovation Banking UK, HSBC said.

(Reporting By Lawrence White; Editing by Jan Harvey)

Frequently Asked Questions

What is HSBC Innovation Banking?
HSBC Innovation Banking is a business unit of HSBC focused on providing banking services to technology and innovation-driven companies, particularly following the acquisition of Silicon Valley Bank's UK operations.
What is Silicon Valley Bank?
Silicon Valley Bank is a high-tech commercial bank that primarily serves technology, life sciences, and venture capital clients, offering a range of financial services tailored to innovative businesses.

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