SVB
E605418
SVB (Silicon Valley Bank) was a major U.S. commercial bank known for specializing in banking services for technology startups, venture capital firms, and high-growth companies.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Silicon Valley Bank | 0 |
Statements (58)
| Predicate | Object |
|---|---|
| instanceOf |
commercial bank
ⓘ
public company ⓘ subsidiary ⓘ |
| abbreviation | SVB NERFINISHED ⓘ |
| acquiredBy | First Citizens BancShares NERFINISHED ⓘ |
| acquisitionDate | March 2023 ⓘ |
| assetsAtCollapse | over 200 billion U.S. dollars ⓘ |
| clientele |
life sciences companies
ⓘ
private equity funds ⓘ startup companies ⓘ technology companies ⓘ venture capital funds ⓘ |
| collapsed | March 10, 2023 ⓘ |
| country | United States of America ⓘ |
| depositsAtCollapse | over 170 billion U.S. dollars ⓘ |
| failureType |
bank run
ⓘ
liquidity crisis ⓘ |
| focus |
high-growth companies
ⓘ
life sciences companies ⓘ private equity firms ⓘ technology startups ⓘ venture capital firms ⓘ |
| foundedBy |
Bill Biggerstaff
NERFINISHED
ⓘ
Robert Medearis NERFINISHED ⓘ |
| headquartersLocation | Santa Clara, California NERFINISHED ⓘ |
| inception | 1983 ⓘ |
| industry |
banking
ⓘ
financial services ⓘ |
| locatedIn | Silicon Valley ⓘ |
| notableClient |
Circle
NERFINISHED
ⓘ
Etsy NERFINISHED ⓘ Roblox NERFINISHED ⓘ Roku NERFINISHED ⓘ |
| notableEvent | second-largest bank failure in U.S. history at the time of collapse ⓘ |
| openedForBusiness | 1983 ⓘ |
| parentCompany | SVB Financial Group NERFINISHED ⓘ |
| product |
asset management
ⓘ
commercial banking services ⓘ foreign exchange services ⓘ private banking ⓘ treasury and cash management ⓘ venture debt ⓘ |
| regulator | California Department of Financial Protection and Innovation NERFINISHED ⓘ |
| regulatoryStatusAfterCollapse | receivership ⓘ |
| sameAs | Silicon Valley Bank NERFINISHED ⓘ |
| servedRegion |
Canada
NERFINISHED
ⓘ
China NERFINISHED ⓘ Germany NERFINISHED ⓘ India NERFINISHED ⓘ Israel NERFINISHED ⓘ United Kingdom NERFINISHED ⓘ United States NERFINISHED ⓘ |
| servedSector |
innovation economy
ⓘ
venture-backed ecosystem ⓘ |
| stockExchange | NASDAQ ⓘ |
| successor | Silicon Valley Bridge Bank, N.A. NERFINISHED ⓘ |
| takenOverBy | Federal Deposit Insurance Corporation NERFINISHED ⓘ |
| tickerSymbol | SIVB NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
AOW