Bailout Bank Bio: SVB Financial Group

Mar 24, 2009 | 1 min read | Print Article

SVB Financial Group is a bank holding company for Silicon Valley Bank. SVB Financial Group operates 27 offices in the United States and five international offices in China, India, Israel, and the United Kingdom. The company is headquartered in Santa Clara, California. SVB received $235 million through the Treasury Department’s Capital Purchase Program, in exchange for 235,000 shares of the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series B and a warrant for Treasury to purchase 708,116 shares of common stock.

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Bailout Bank Bio: SVB Financial Group


Federal Equity Investment	$235 million
Total Revenue	$664.77 million
Net Income	$123.64 million
Number of Employees	1,237
Corporate Headquarters	Santa Clara, California
Business Sector	Bank
Officers and Directors	Wilcox, Kenneth, President, Chief Executive Officer, Director Hart, Alex, Chairman of the Board Other Officers and Directors
Corporate Website	http://www.svb.com
Executive Compensation	SVB Financial Group