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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 .
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SVB is a division of First-Citizens Bank & Trust Company that serves high-growth companies and investors in the innovation economy. It offers flexible lending, digital platform, payment processing and other solutions for startups, venture funds and corporate ventures.
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.
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Mar 8, 2023 · SVB Financial Group filed for bankruptcy protection in March 2023. This site provides information about the reorganization process, court filings, and stock and benefit updates for investors and employees.
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.
Dec 6, 2021 · SVB Financial Group, the parent of Silicon Valley Bank, announces new hires and launches technology leveraged finance and equity capital markets capabilities. The firm serves innovative companies and their investors in the innovation economy with commercial, investment and private banking, asset management, and funds management services.
1 day ago · After the collapse of Silicon Valley Bank (SVB), the parent company, SVB Financial Group, is nearing the sale of its venture capital arm, SVB Capital. SVB Capital, which was not included in the ...
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