SVB Financial Group history, profile and history video

 SVB Financial Group is a diversified financial services company, as well as a bank holding company and a financial holding company. It provides diversified financial services to emerging, growth and established technology companies and the life science, cleantech, venture capital, private equity and premium wine markets. The company, through its subsidiaries and divisions, offers a variety of banking and financial products and services to clients across the United States and in key international entrepreneurial markets. It operates its business through three segments: Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment provides solutions to the financial needs of commercial clients through lending, deposit products, cash management services, and global banking and trade products and services. This segment also serves the needs of its non-U.S. clients with global banking products, including loans, deposits and global finance, in key foreign entrepreneurial markets, where applicable. The SVB Private Bank segment provides banking products and a range of credit services primarily to venture capital/private equity professionals using both long-term secured and short-term unsecured lines of credit. The SVB Capital segment is the venture capital investment arm of SVB Financial Group, which focuses primarily on funds management. This segment manages funds primarily venture capital funds on behalf of third party limited partners and SVB Financial Group. The company was founded in 1983 and is headquartered in Santa Clara, CA.”

“SVB Financial Group History

Silicon Valley Bank has been instrumental in the technology, life science and premium winery industries for more than 30 years. We’re proud of our accomplishments, building a global financial services company with the entrepreneur in mind, from an inspired idea among friends at a poker game. We’re looking forward to the future and are optimistic about the opportunities that lie ahead for our clients, the industries we serve, and for our company.


  • Incorporated on April 23, 1982


  •  Bill Biggerstaff, Robert Medearis and CEO Roger Smith opened 1st office in San Jose, CA


  • Shares began trading OTC


  • Opened Palo Alto, CA regional office


  • Merged with National InterCity Bancorp
  • Opened office in Santa Clara, CA


  • Shares began trading on Nasdaq under the symbol SIVB


  • Opened offices in Palo Alto and San Jose, CA
  • Completed IPO and raised $6 million in equity capital


  • Opened office on Sand Hill Road, Menlo Park, CA, to serve the venture capital community


  • Opened offices in Wellesley, MA, and Newport Beach, CA


  • Formed Pacific Rim Group and Trade Finance Group
  • Opened office in Beaverton, OR


  • Named John Dean President and CEO


  • Established Premium Wine practice


  • Named Daniel Kelleher Chairman of the Board
  • Opened San Diego, CA office


  • Opened new offices: Rockville, MD, Beverly Hills, CA, Austin, TX, Bellevue, WA, and Boulder, CO


  • Opened offices in Atlanta, GA, Philadelphia, PA, and Phoenix, AZ


  • Opened new offices in Los Angeles, CA, and Rosemont, IL


  • Opened new offices: San Francisco, CA, Sonoma, CA, Minneapolis, MN, and Dallas, TX
  • Named Ken Wilcox President of Silicon Valley Bank
  • Harry Kellogg became Vice Chairman of Silicon Valley Bank


  • Opened new offices: West Palm Beach, FL, Durham, NC, and a second San Francisco office


  • Named John Dean Chairman of the Board of Silicon Valley Bancshares
  • Named Ken Wilcox CEO and President of Silicon Valley Bancshares and Silicon Valley Bank
  • Opened new office in New York and Fremont, CA


  • Launched SVB Securities, a broker-dealer subsidiary of Silicon Valley Bank
  • Focused strategy to specialize in technology, life science, venture capital and premium winery niches


  • Named Alex “Pete” Hart Chairman of the Board


  • Opened international subsidiaries in the UK and India


  • Silicon Valley Bank holding company Silicon Valley Bancshares renamed SVB Financial Group
  • Opened international subsidiary in China


  • Launched SVB Analytics


  • Closed first international fund, SVB India Capital Partners fund


  • Opened international subsidiary in Israel
  • Named Greg Becker president of Silicon Valley Bank


  • Named Greg Becker president of SVB Financial Group and Silicon Valley Bank


  • Named Greg Becker president and CEO of SVB Financial Group and Silicon Valley Bank
  • Ken Wilcox became Chairman of Silicon Valley Bank and transitioned to China


  • Named Roger Dunbar Chairman of the Board
  • Opened first international, full service branch in London”

*Information from Forbes.com and Svb.com

**Video published on YouTube by “Silicon Valley Bank


Regional Banks