SVB Financial

Venture capital wave lifts profits at SVB


A 20% increase in lending, largely to players in the tech industry, helped the California company offset a one-time loss tied to an investment in the streaming company Roku.


SVB's profits jump on stronger venture lending, wider margins


Earnings at the Santa Clara, Calif., company were boosted by a 16% increase in lending, as well as gains on the company's investments in Roku.


Shared office space becomes marketing hook for banks


A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers.


Time to address banks’ skepticism about data sharing


An ex-regulator’s stern warning about the risks of sharing consumer information with fintechs has prompted debate over common security standards for banks and nonbanks, better data tracking and new liability insurance products.


How banks can herd ‘unicorn’ clients


Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser.


Silicon Valley profits jump on 16% loan growth


Quarterly results at the Santa Clara, Calif., company got a boost from stronger lending to venture capital and private-equity firms.


Silicon Valley Bank CFO promoted to president


The bank also announced that it has recruited a BancWest executive to replace Michael Descheneaux as CFO.


Ohio banks team up to form fintech accelerator


Fifth Third, Huntington Bancshares and KeyCorp are among the companies backing an effort to bring startups to the Buckeye State.


First Data joins SVB's fintech accelerator


First Data is teaming up with the bank to deepen the pool of knowledge and connections from which startups in the program can benefit.


Data aggregation’s new frontier: Lending decisions


Personal financial management tools have long relied on financial data aggregation. Now, aggregators are hoping traditional lenders will take a cue from alternative lenders and use the technology to quicken their underwriting decisions.