HSBC’s Sonya Iovieno on undisclosed down rounds, startups trimming headcount and SVB’s collapse

Sonya Iovieno knows European tech’s secrets. As head of venture and growth at HSBC Innovation Banking, where she works with thousands of VCs, startups and scaleups in the UK and Nordics, she has a view on who’s done an undisclosed down round, who’s been trimming headcount and who’s set up a “hunting line” for future acquisitions.And she also knows what it’s like to go through a merger, after her organisation, formerly Silicon Valley Bank UK, was acquired by HSBC for a mere £1 after the dramat...