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Case 71 SVB Financial Group (SVB)

B. Rajesh Kumar
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B. Rajesh Kumar: Institute of Management Technology

A chapter in Rising Stars, 2024, pp 525-528 from Springer

Abstract: Abstract SVB Financial Group is a diversified financial services company which is also a bank holding and financial holding company. SVB Financial was incorporated in the year 1999. The Group offers diverse set of banking and financial products and services to clients across the United States and other markets. The company offers commercial and private banking products and services through its principal subsidiary Silicon Valley Bank. The California-based Silicon Valley Bank is a chartered bank founded in the year 1983. SVB Financial group also offers asset management, private wealth management, and other investment services. By December 2022, the SVB Financial group had total assets of $211.8 billion and total investment securities of $120.1 billion. The products and services are provided by the bank and its subsidiaries to clients in sectors such as technology and life science, healthcare industries, global private equity, and venture capital. The deposits are obtained from commercial clients within the technology, life science, healthcare, private equity, and venture capital industry sector. By December 31, 2022, the company employed 8553 people.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-50032-9_71

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DOI: 10.1007/978-3-031-50032-9_71

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