SVB Financial Group
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Operating globally, SVB Financial Group, or Silicon Valley Bank in full, is a US-based financial services company as well as a financial holding and bank holding company. Its customer base centres on entrepreneurs and founders in the innovation economy. SVB was founded in 1983. Since then, it has supported more than 30,000 young companies with innovative financial solutions such as start-up banking, venture-funded banking, and financial services for managing cashflow. The company has its headquarters in Santa Clara, California. It employs around 3,600 people, with offices across the US and in Canada, China, Germany, India, Israel, and the UK. The company's key segments include SVB Private Bank, SVB Capital, SVB Leerink, and Global Commercial Bank. Core services provided by SVB Private Bank are wealth management, brokerage, and other investment services. Key verticals for SVB include fintech, enterprise software, life science and healthcare, private equity, and venture capital. SVB Financial Group is listed on the NASDAQ with the ticker SIVB. In 2021, SVB acquired Boston Private Financial Holdings, Inc., which includes the subsidiary Boston Private Bank & Trust Company. Add SIVB stock to your eToro watchlist to keep up to date with the latest news and price movements for SVB Financial Group and other companies of interest.
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