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SVB Financial Group (SIVB)

-NasdaqGS

59.96 Down 0.32(0.53%) May 25, 4:00PM EDT|After Hours: 59.96 0.00 (0.00%) May 25, 4:52PM EDT

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SVB Financial Group
3005 Tasman Drive
Santa Clara, CA 95054-1191
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:1,554

Business Summary 

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. 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 credits, capital call lines of credits, 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; letters of credit, including export, import, and standby letters of credit; investment services and solutions; brokerage; asset management; investment advisory services, such as outsourced treasury services; and non-banking products and services, such as funds management, venture capital/private equity investment, and equity valuation services. Further, it provides private banking services comprising mortgages, home equity lines of credit, restricted stock purchase loans, and other secured and unsecured lending services. As of March 09, 2012, the company operated 26 offices in the United States and 7 offices internationally. It serves customers in the technology, venture capital/private equity, life science, wine, and clean tech industries. The company was founded in 1982 and is headquartered in Santa Clara, California.

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Corporate Governance 
SVB Financial Group’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Medium Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Gregory W. Becker , 44
Chief Exec. Officer, Pres, Chief Exec. Officer of Silicon Valley Bank and Pres of Silicon Valley Bank
1.99M1.45M
Mr. Michael R. Descheneaux , 44
Chief Financial Officer
1.04M198.00K
Mr. David A. Jones , 54
Chief Credit Officer
874.00K1.73M
Ms. Joan Parsons ,
Head of Us Banking
859.00K624.00K
Ms. Mary J. Dent , 50
Gen. Counsel
752.00K115.00K
Amounts are as of Dec 30, 2011 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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