SVB Financial Group
3005 Tasman Drive
Santa Clara,
CA 95054
Phone: 408-654-7400
Fax: 408-496-2405
Web Site: http://www.svb.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| SVB Financial Group operates as the holding company for various subsidiaries that provides commercial banking products and services. It offers various deposit products, including traditional deposit and checking accounts, certificates of deposit, money market accounts, and sweep accounts. The companys loan portfolio includes term loans, equipment loans, revolving lines of credit, accounts-receivable-based lines of credit, asset-based loans, mortgages, home equity lines of credit, restricted stock purchase loans, airplane loans, capital call lines of credit, vineyard development loans, and other secured and unsecured lines of credit. It also offers various cash management products and services, including wire transfer, automated clearing house payment, collection, disbursement, electronic funds transfer, and online banking; foreign exchange services, lockbox and merchant services, international trade finance, and letters of credit, including export, import, and standby letters of credit; and money market mutual funds, fixed-income securities, asset management, brokerage, and investment advisory services. In addition, the company provides non-banking products and services, such as funds management, private equity investment, and equity valuation and management services to private companies and venture capital firms. As of December 31, 2008, it operated 27 offices in the United States; and 5 offices in the Peoples Republic of China, India, Israel, and the United Kingdom. SVB Financial serves entrepreneurs in the technology and life sciences, venture capital/private equity, and premium wine industries. The company was founded in 1982 and is headquartered in Santa Clara, California. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Dr. Kenneth Parmalee Wilcox Ph.D., 58
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Silicon Valley Bank of Silicon Valley Bank |
$
697.00K |
$
1.26M | Mr. Michael R. Descheneaux , 41
Chief Financial Officer and Principal Accounting Officer |
$
316.00K |
$
0 | Mr. David Webb , 53
Chief Operations Officer |
$
293.00K |
$
206.00K | Mr. Gregory W. Becker , 41
Chief Operating Officer of Commercial Banking and Pres of Silicon Valley Bank |
$
416.00K |
$
447.00K | Mr. Mark A. MacLennan , 55
Pres of SVB Capital |
$
335.00K |
$
0 |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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0.56 (1.35%)
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