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SVB Financial Group (SIVB)

-NasdaqGS

75.45 Down 0.29(0.38%) 3:59PM EDT|After Hours : 75.43 Down 0.02 (0.02%) 4:43PM EDT

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SVB Financial Group
3003 Tasman Drive
Santa Clara, CA 95054
United States - Map
Phone: 408-654-7400
Fax: 408-496-2405
Website: http://www.svb.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Regional - Pacific Banks
Full Time Employees:1,663

Business Summary 

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. It operates in three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. The company offers deposit products, such as traditional deposit and checking accounts, certificates of deposit, money market accounts, and sweep accounts, as well as lockbox and merchant services; and lending products and services, including traditional term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards. It also provides cash management products and services comprising wire transfer and automated clearing house payment services, collection services, disbursement services, electronic funds transfers, and online banking services. In addition, the company offers foreign exchange services; various loan and credit facilities; letters of credit, including export, import, and standby letters of credit; investment services and solutions; third party money market mutual funds and fixed-income securities; and investment advisory services, including outsourced treasury services. Further, it provides vineyard development loans and community development loans to clients in the wine industry; equity valuation services to private companies and venture capital/private equity firms; brokerage and asset management services; and non-banking products and services, such as funds management, venture capital, and private equity investment. Additionally, the company offers private banking services, including mortgages, home equity lines of credit, restricted stock purchase loans, capital call lines of credit, and other secured and unsecured lending services. It operates through 28 offices in the United States; and offices in China, India, Israel, and the United Kingdom. The company was founded in 1982 and is headquartered in Santa Clara, California.

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Corporate Governance 
SVB Financial Group’s ISS Governance QuickScore as of Jun 1, 2013 is 4. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 9; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Gregory W. Becker , 45
Chief Exec. Officer, Pres, Chief Exec. Officer of Silicon Valley Bank, Pres of Silicon Valley Bank and Director
1.78M1.23M
Mr. Michael R. Descheneaux , 45
Chief Financial Officer
937.00K13.00K
Mr. David A. Jones , 55
Chief Credit Officer
858.00K0.00
Ms. Joan S. Parsons , 54
Head of Us Banking
802.00K581.00K
Mr. Bruce E. Wallace , 48
Chief Operations Officer and Principal Operating Officer
N/AN/A
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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