Silicon Valley Bank (NASDAQ:SIVB)[1]
is a U.S.-based high-tech commercial bank
[2]with offices in a number of other, other countries.[3] The bank has helped f und more than 30,000 start-ups.[4] SVB Financial is the test holding company for the bank.[5]
And here's some text.[6] Some more text. Yet more text. plus text`````````````` and again
Operations
editThe company focuses lending to technology companies, providing
| This is a test | ||
|---|---|---|
| And a further test | ||
multiple services to venture capital and private equity firms that invest in technology and biotechnology, and also on private banking services for high net worth individuals, in its home market in the Silicon Valley area. In additi[7]
on to taking deposits and making loans,[8] the bank operates"Whatever the title is". {{cite web}}: Unknown parameter |month of publication= ignored (help) venture capital and private equity divisions that sometimes invest in the firm's commercial banking clients.[9]
By June 2009, the bank was third in market share in the San Jose, California area, with deposits in the region of $7.1 billion, an 8.11 percent share of the market. A year earlier it was ranked No. 7, with $4.5 billion in deposit, a 5.67 percent share.[10]
As of October 2011, the bank had more than 1,400 employees.[4] As September 2012, it had offices in the United Kingdom, Isr
ael, China and India, plus more than 20 offices in the United States, and $21.6 billion in total assets.[11]
Adding a sentence with [[something]] enclosed in square brackets, to see if entire sentence is nowikied. {{cite web}}: Empty citation (help)[5] And adding an invisible/hidden comment: Some more text. Link here for George Washington and Abraham Lincoln. Bare url citation: [12] Bare url: [1]
History
editSilicon Valley Bank (SVB) was founded in 1982;
John Broughton/sandbox | |
|---|---|
| Agent | Fred Smith |
its first office opened in 1983. The bank’s main strategy was collecting deposits from businesses financed through venture capital. It then expanded into banking and financing venture capitalists themselves, and added services aimed at allowing the bank to keep clients as they matured from their startup phase.[13]
In 1993, the bank's founding CEO, Roger V. Smith, was replaced by John C. Dean; Smith became Vice Chairman of the bank.[14] Smith left in 1994 to launch the Smith Venture Group}} [15]
In 2002, the bank began expanding its private banking business,[16] which up to that point had been done primarily as a favor to wealthy venture
- This is a test
- This is also a test[17]
- And ore.
- This is yet another test.
capitalists and entrepreneurs,[18] through an office opened in downtown San Jose in 1988.[19] In 2004, the bank opened international subsidiaries in Bangalore and London; in 2005 it opened offices in Beijing and Israel.[20] In 2006, the bank began operations in the U.K., opening its first branch in the that country in 2012.[9]
In December 2008, SVB Financial
said it would get $235 million from the U.S. Treasury Department through the Troubled Asset Relief Program (“TARP”).[21] In December 2009, the bank repaid the loan, and repurchase the outstanding stock warrants held by the government, funding this through a stock sale of $300 million in November.[22] In March 2011, the bank was named "Bank Of The Year" by the Ex-Im Bank.[23] In April, Ken Wilcox, who had been CEO since 2000, left that position, while remaining Chairman of the Board; he was replaced by Greg Becker.[24] In November 2012, the bank announced a 50:50 joint venture with Shanghai Pudong Development Bank (SPDB) which will provide capital to start-up technology entrepreneurs. It plans to begin with lending to tech businesses in the Shanghai region, ad then expand to other Chinese cities.[25]
References
edit- ^ Wang, Y.; Lin, J. P.; Zhao, Y. L.; Orr, P. J. (2009). "Palaeoecology of the trace fossil Gordia and its interaction with nonmineralizing taxa from the early Middle Cambrian Kaili Biota, Guizhou Province, South China". Palaeogeography Palaeoclimatology Palaeoecology. 277 (1–2): 141–148. doi:10.1016/j.palaeo.2009.02.017.(subscription required)
- ^ {{cite web|title=This is a test|url=http://www.example.com}}
- ^ http://www.nytimes.com/2015/12/04/arts/design/roots-of-conceptual-art-caught-by-a-cameras-eye.html
- ^ a b John Boudreau (October 16, 2011). "Silicon Valley Bank works to import startup culture to China". mercurynews.com.
- ^ a b Abifadel, M.; Varret, M.; Rabès, J. P.; Allard, D.; Ouguerram, K.; Devillers, M.; Cruaud, C.; Benjannet, S.; Wickham, L.; Erlich, D. L.; Derré, A. L.; Villéger, L.; Farnier, M.; Beucler, I.; Bruckert, E.; Chambaz, J.; Chanu, B.; Lecerf, J. M.; Luc, G.; Moulin, P.; Weissenbach, J.; Prat, A.; Krempf, M.; Junien, C.; Seidah, N. G.; Boileau, C. (2003). "Mutations in PCSK9 cause autosomal dominant hypercholesterolemia". Nature Genetics. 34 (2): 154–156. doi:10.1038/ng1161. PMID 12730697. S2CID 19462210.
- ^ http://www.graphene.manchester.ac.uk/
- ^ Whomever. AV media test. Lawyers.com.
{{cite AV media}}: Cite has empty unknown parameter:|trans_title=(help) - ^ http://example.com.
{{cite news}}: Missing or empty|title=(help) - ^ a b Richard McGill Murphy (October 22, 2012). "Silicon Valley Bank: The bank for startups". CNNMoney.com. Retrieved 2012-11-14.
- ^ "Silicon Valley Bank jumps to No. 3 in market". San Jose Business Journal. October 16, 2009.
- ^ Philip van Doorn (13 November 2012). "Bank of the Tech Stars: a Great Stock to Own". TheStreet.com. Retrieved 2012-11-14.
- ^ http://www.times-standard.com/general-news/20150102/interior-opinion-upholds-humboldts-right-to-promised-trinity-water
- ^ Ben Rooney (November 14, 2012). "Microsoft's Karia Jumps Ship to Silicon Valley Bank". Wall Street Journal.
- ^ "Silicon Valley Bank Picks CEO to Succeed Smith". San Jose Mercury News. April 13, 1993.
- ^ "Banking on Entrepreneurship, Smith Returns to the Beginnning". San Jose Mercury News. March 5, 1994.
- ^ Smith, John (June 6, 2015). "The Test". Journal of Nonexistence.
- ^ "Home". Retrieved 2016-07-23.
- ^ Sarah Lacy (August 17, 2003). "Silicon Valley Bank targeting San Jose for private banking". Silicon Valley Business Journal.
- ^ "Getting Personal: Silicon Valley Bank Branches Out Downtown". San Jose Mercury News. December 17, 1988.
- ^ Sarah Lacy (September 12, 2004). "Silicon Valley Bank extends reach to Bangalore, London". Silicon Valley Business Journal.
- ^ "SVB Financial Becomes Second Local Bank To Partake In TARP Program". siliconbeat.com. The Mercury News. December 3, 2008.
- ^ Mark Calvey (December 18, 2009). "Silicon Valley Bank's parent to repay all its $235M in TARP money". San Francisco Business Times.
- ^ "Silicon Valley Bank Wins "Bank Of The Year" Award From Ex-Im Bank". TheStreet.com. PR Newswire. March 29, 2011.
- ^ Mark Calvey (January 20, 2011). "CEO of Silicon Valley Bank's parent stepping down". San Francisco Business Times.
- ^ Phil Muncaster (August 20, 2012). "Silicon Valley comes to China to spur tech innovation". The Register. Retrieved 2012-11-14.