Silicon Valley Bank
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SVB Financial Group (SVB or SVBFG) is a financial services holding company headquartered in New York City. The company's main business unit was commercial bank Silicon Valley Bank, until the bank failed in March 2023 after a bank run. The company was a member of the S&P 500 index until March 15, 2023.
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Silicon Valley Bank is the financial partner of the innovation economy; helping individuals and investors in the innovation ecosystem achieve extraordinary outcomes.
Apr 19, 2022 · SANTA CLARA, Calif., April 19, 2022 – SVB Financial Group (SVB), the financial partner of the innovation economy, today announced a rebrand of its four primary businesses — Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities — under the brand name SVB.
Apr 19, 2022 · SVB Financial Group, the financial partner of the innovation economy, has rebranded its four primary businesses under the name SVB. The company offers commercial banking, venture investing, wealth planning and investment banking to clients in the technology, life science and healthcare, and premium wine industries.
Sep 8, 2021 · SVB Financial Group, the parent of Silicon Valley Bank, announces the addition of a new technology investment banking team led by Jason Auerbach, former Global Co-Head of TMT Investment Banking at UBS. The team will provide mergers and acquisitions, leveraged finance and capital raises for private and public technology companies.
Mar 13, 2023 · Silicon Valley Bank, with $211 billion in assets as of Dec. 31, was the go-to financial partner for tech startups and venture funds around the country, not just in its eponymous region.
