Silicon Valley Bank - News, Articles & Research

Company announcement/people

SVB appoints head of global payments and head of global digital solutions

Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions.

23 August 2023

News/retail

TD Bank blames regulatory uncertainty for failed First Horizon acquisition

Canada’s TD Bank has pulled its planned purchase of US bank First Horizon, stating that questions around approval of the £13.4 billion deal from regulators was to blame.

05 May 2023

News/people

Moelis hires 11 SVB technology bankers

Investment bank Moelis & Company has hired 11 former Silicon Valley Bank technology dealmakers, including a fintech and payments specialist.

26 April 2023

News/startups

HSBC hires ex-SVB bankers to focus on US ‘innovation economy’

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.

14 April 2023

Company announcement/wholesale

First Citizens acquires Silicon Valley Bank

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First–Citizens Bank & Trust Company, Raleigh, North Carolina.

27 March 2023

News/payments

NextGen Nordics: SVB Nordics operating business as usual

Ahead of NextGen Nordics, which will return to Stockholm on 25 April 2023, Finextra will be publishing a series of ‘sneak peeks’, covering the topics and interviewing the panellists speaking at the event.

20 March 2023

News/wholesale

SVB Financial Group files for bankruptcy protection

Silicon Valley Bank's former parent company SVB Financial Group has filed for Chapter 11 bankruptcy protection.

17 March 2023

News/regulation

First lawsuits roll in for SVB bosses

The first law suits have started arriving for Silicon Valley Bank and its top executives as the collapse of the high-tech lender continues to roil global markets.

14 March 2023

News/wholesale

HSBC acquires Silicon Valley Bank UK

HSBC has stepped in to acquire the UK arm of Silicon Valley Bank.

13 March 2023

News/startups

Update: Silicon Valley Bank taken over by regulator

The California Department of Financial Protection and Innovation says it has taken possession of Silicon Valley Bank and appointed the FDIC as receiver, citing "inadequate liquidity and insolvency".

10 March 2023

Company announcement/identity

Socure secures $95 million line of credit from JPMorgan, SVB and KeyBanc

Socure, the leading provider of digital identity verification and fraud solutions, today announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.

09 March 2023

News/payments

Modern Treasury takes on Swift with Global ACH

Modern Treasury has unveiled Global ACH, a service enabling users to send cross-border payments leveraging local rails.

02 March 2023

News/payments

NextGen Nordics: Highlights since our last Nordic event

As we prepare for our upcoming NextGen Nordics conference on the 25th of April in Stockholm, we are publishing a series of ‘Sneak peeks’, which will take a dive into some of the topics and speakers covered at the event.

10 February 2023

Research

The Future of Digital Banking in North America 2023

21 October 2022 1152 downloads

News/retail

Plum returns to the crowd after $5 million debt financing from Silicon Valley Bank

Smart money app Plum is to launch its third crowdfunding round after picking up £5 million in debt financing from Silicon Valley Bank.

05 October 2022

News/people

Silicon Valley Bank expands to Sweden

Silicon Valley Bank (SVB) UK has announced further Nordic expansion with the establishment of a representative office in Stockholm. SVB previously opened an office in Denmark in late 2019.

28 September 2022

Finextra TV/markets

Silicon Valley Bank’s UK Business becomes Subsidiary Bank

Erin Platts, CEO of Silicon Valley Bank UK & Head of EMEA, discusses the progress of Silicon Valley Bank in the UK, the significance of the bank recently completing its subsidiarisation process, how their broad range of customers are coping with the current climate today and how the bank is driving innovation and value beyond funding and financial services.

27 September 2022

Company announcement/retail

Embedded finance player Alviere closes Silicon Valley Bank financing

Alviere, the leading provider of enterprise software solutions for embedded finance easily enabling any brand to deliver a full suite of financial products and services to customers, fans, and employees, today announced that it has secured financing from Silicon Valley Bank, the bank of the world’s most innovative companies and investors.

23 June 2022

Company announcement/cloud

Keepit secures $22.5 million financing from Silicon Valley Bank

Silicon Valley Bank, the financial partner of the innovation economy, has provided a $22.5 million debt financing package to Keepit in partnership with Vaekstfonden. The fresh capital will help fuel further international expansion, hiring, and product development as it continues to scale and build out its market-leading platform for SaaS data protection.

10 June 2022

Company announcement/payments

Comma connects with Silicon Valley Bank

Comma, a London based fintech business has announced an integration with Silicon Valley Bank UK Branch to help businesses within the innovation economy access the best of Open Banking by making payroll and invoice payments more efficient.

07 June 2022