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June 21, 2023
The disclosure comes days after the company agreed to sell its investment banking division, SVB Securities, to a group led by the segment's chief executive officer. SVB Financial had collapsed into bankruptcy after former unit Silicon Valley Bank's failure in March triggered the worst U.S. banking crisis in 15 years. U.S. regulators had to step in to backstop a deal for regional lender First Citizens BancShares to buy the failed Silicon Valley Bank.
May 4, 2023
Bengaluru (Karnataka) [India], May 4 (ANI/PRNewswire): Bluevine, a leading provider of innovative small business banking solutions in the U.S. has now launched its legal entity in India called Bluevine India Private Limited. The company's India office in Bengaluru will aid in expanding Bluevine's global footprint with intuitive, end-to-end banking products tailored to the needs of small businesses. The growth functions in India will be product management, risk operations, loan applicatio...
March 17, 2023
The parent company of Silicon Valley Bank is restructuring. The bank itself is still being run by the FDIC.
March 17, 2023
SVB Financial Group no longer owns Silicon Valley Bank, but tech financiers are already looking to reinvest in SVB despite the bank run they caused.
October 4, 2022
San Jose (California) [US], October 4 (ANI/PRNewswire): Automation Anywhere, Inc., a global leader in Robotic Process Automation (RPA), announced today that it is has secured USD 200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years. "We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale...
October 3, 2022
SAN JOSE, Calif., Oct. 3, 2022 /PRNewswire/ -- Automation Anywhere, Inc. ,a global leader in Robotic Process Automation (RPA), announced today that it is has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years. "We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale automation ...
October 8, 2021
The next generation taking charge of family wealth are seizing more opportunities in the worldโs $418 billion venture capital space and powering the expansion by family offices into early investments, according to new research by Campden Wealth.