Silicon Valley Bank

69 results about this entity

Period: 28 Feb 2013 - 28 Oct 2024

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Fintech investment sector remains muted

Venture capital investment in US fintech remains muted, hovering near a six-year low for the sector, as deal flow has shifted toward the early stage, according to a report from Silicon Valley Bank.

/wealth

SVB Financial to sell VC business, SVB Capital

SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners.

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SVB appoints head of global payments and head of global digital solutions

Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions.

/retail

TD Bank blames regulatory uncertainty for failed First Horizon acquisition

Canada’s TD Bank has pulled its planned purchase of US bank First Horizon, stating that questions around approval of the £13.4 billion deal from regulators was to blame.

/people

Moelis hires 11 SVB technology bankers

Investment bank Moelis & Company has hired 11 former Silicon Valley Bank technology dealmakers, including a fintech and payments specialist.

/startups

HSBC hires ex-SVB bankers to focus on US ‘innovation economy’

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.

/wholesale

First Citizens acquires Silicon Valley Bank

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First–Citizens Bank & Trust Company, Raleigh, North Carolina.

/payments

NextGen Nordics: SVB Nordics operating business as usual

Ahead of NextGen Nordics, which will return to Stockholm on 25 April 2023, Finextra will be publishing a series of ‘sneak peeks’, covering the topics and interviewing the panellists speaking at the event.

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SVB Financial Group files for bankruptcy protection

Silicon Valley Bank's former parent company SVB Financial Group has filed for Chapter 11 bankruptcy protection.

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First lawsuits roll in for SVB bosses

The first law suits have started arriving for Silicon Valley Bank and its top executives as the collapse of the high-tech lender continues to roil global markets.

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HSBC acquires Silicon Valley Bank UK

HSBC has stepped in to acquire the UK arm of Silicon Valley Bank.

/startups

Update: Silicon Valley Bank taken over by regulator

The California Department of Financial Protection and Innovation says it has taken possession of Silicon Valley Bank and appointed the FDIC as receiver, citing "inadequate liquidity and insolvency".