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Silicon Valley Bank
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4.9
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Unclaimed
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Summary
location iconSanta Clara, California
website
company sizeCompany size: 1001-5000
total assetsTotal Assets: $50B+

Silicon Valley Bank (SVB) is a leading commercial banking and lending for intellectual capital based businesses. SVB provides a complete suite of financial services to businesses and maintains offices in throughout the United States and in London, Hong Kong, Beijing, Shanghai, Herzliya Pituah, Israel, Frankfurt, Germany and Toronto.

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Silicon Valley Bank - Recent News & Articles

SVB Financial sues US banking regulator to recover $1.9bn

SVB Financial Group has sued the US Federal Deposit Insurance Corporation in a bid to recover $1.9bn in cash that the regulator has kept since it took...

Credit card debt hits record $1.17 trillion, New York Fed research shows

Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Ba...

Source: CNBC
‘Defanging the SEC’ may turbocharge US economy: Cathie Wood

ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge ...

Investment Bank Vacancies Soar While Retail Banks Face Decline Reveals Morgan McKinley

The new research looks at the UK’s banking sector and how it compares to other G8 countries. It notes that as a result of deregulation reforms, stable...

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...

Source: CNBC
Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and tr...

Source: PYMNTS
Payments Industry Growth Slows as Cash-to-Digital Shift Reaches Peak

Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reache...

Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions....

Source: PYMNTS
Russia proposes Swift alternative for cross-border payments

In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...

European Central Bank lowers key rate to 3.25% in third cut this year: Live updates

The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had be...

Source: CNBC