Blue-chip benchmark opens lower despite HSBC rescue deal for SVB UK
London share prices opened lower on Monday amid continued disquiet over the collapse of Silicon Valley Bank and despite HSBC Holdings stepping in to buy the US lender's UK arm.The FTSE 100 index opened down 88.25 points, 1.1%, at 7,660.10. The FTSE 250 was down 231.43 points, 1.2%, at 19,126.03, and the AIM All-Share was down 5.29 points, 0.6%, at 832.15.The Cboe UK 100 was down 1.1% at 766.20, th