SANTA CLARA, Calif., March 20, 2023 /PRNewswire/ -- SVB Financial Group ("the Company") (NASDAQ:SIVB) today announced that it has filed a number of "First Day Motions" seeking authorization from the United States Bankruptcy Court for the Southern District of New York to support the continued operations of the Company's SVB Capital and SVB Securities businesses and preserve value for the benefit of stakeholders. These motions seek court authorization, among other things, to provide for the continued separation of these business operations from Silicon Valley Bridge Bank, N.A., ensure access to cash, enable cash management systems, and protect valuable tax attributes. 

SVB Securities and SVB Capital's Funds and General Partner Entities NOT Included in Chapter 11 Filing Strategic Alternatives Process for SVB Capital and SVB Securities Operations Underway with Significant Interest SANTA CLARA, Calif., March 17, 2023 /PRNewswire/ -- SVB Financial Group ("the Company") (NASDAQ:SIVB) today announced that it has filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value. SVB Securities and SVB Capital's funds and general partner ent

Operations Continuing at SVB Capital and SVB Securities SANTA CLARA, Calif., March 13, 2023 /PRNewswire/ -- SVB Financial Group ("SVBFG") (NASDAQ: SIVB) announced today that its Board of Directors has appointed a restructuring committee consisting of five independent directors to explore strategic alternatives for the holding company and its SVB Capital and SVB Securities businesses, as well as its other assets and investments. Both of these businesses are separate divisions of SVBFG and not part of Silicon Valley Bank, which is undergoing resolution under the jurisdiction of the Federal Deposit Insurance Corporation ("FDIC") and Federal Reserve.

Raymond James downgraded SVB Financial Group from Outperform to Mkt Perform

Truist downgraded SVB Financial Group from Buy to Hold and set a new price target of $100.00 from $174.00 previously

Wolfe Research downgraded SVB Financial Group from Outperform to Peer Perform

3 - SVB FINANCIAL GROUP (0000719739) (Issuer)

3 - SVB FINANCIAL GROUP (0000719739) (Issuer)

4 - SVB FINANCIAL GROUP (0000719739) (Issuer)

13F-HR - SVB FINANCIAL GROUP (0000719739) (Filer)

8-K - SVB FINANCIAL GROUP (0000719739) (Filer)

8-K - SVB FINANCIAL GROUP (0000719739) (Filer)

Ashraf Hebela to lead Technology & Healthcare Banking; Lewis Hower to lead Startup Banking SANTA CLARA, Calif., Feb. 8, 2023 /PRNewswire/ -- Silicon Valley Bank, the bank of the world's most innovative companies and investors, today announced that Ashraf Hebela has been named the new Head of Technology & Healthcare Banking for North America. He succeeds Dave Sabow who SVB recently named as CEO of Silicon Valley Bank UK and Head of EMEA, pending regulatory approval. The company also announced that Lewis Hower will step up to lead Startup Banking. "As we continue to support com

SANTA CLARA, Calif., Jan. 4, 2023 /PRNewswire/ -- SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank, today announced the appointment of Kim Olson as Chief Risk Officer (CRO). In this role, Olson will lead the Risk function and team, developing and maintaining SVB's risk management framework and a culture of risk management across the company. "Kim's deep and multi-faceted financial services experience as a senior risk leader and former regulator and bank supervisor positions her perfectly to actively manage SVB's financial and non-financial

SANTA CLARA, Calif., Dec. 5, 2022 /PRNewswire/ -- SVB Financial Group (SVB) today announced that Erin Platts has been appointed President of SVB Private and David Sabow has been named CEO of Silicon Valley Bank UK and Head of EMEA, pending UK regulatory approval. Both long-term SVB employees, Platts and Sabow will bring their SVB and innovation economy leadership experience to key growth areas for the company. Upon the transition to their new roles expected in Q2 2023, Platts will also join SVB's executive committee. SVB is the financial partner of the global innovation econom

HOUSTON, Feb. 21, 2023 /PRNewswire/ -- Direct Digital Holdings, Inc. (NASDAQ:DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), is pleased to announce its entry into the $5 million revolving credit facility with Silicon Valley Bank, as filed with the SEC on a Form 8-K on January 11, 2023.  In addition to the principal amount of $5 million, Direct Digital Holdings has access to an additional $2.5 million incremental revolving facility, subject to the lender's consent, which may increase the aggreg

SANTA CLARA, Calif., Jan. 5, 2023 /PRNewswire/ -- SVB (NASDAQ:SIVB), the financial partner for the innovation economy, will report its financial results for the quarter ended December 31, 2022, on Thursday, January 19, 2023, after the close of the stock market. The Company will file its quarterly financial results with the SEC via form 8-K and issue an advisory release via newswire containing a link to its full financial results, which will be also posted on the Investor Relations section of its website at https://ir.svb.com Conference call:  Thursday, January 19, 2023, at 3:00 p.m. Pacific Time Dial-in information: 1 (888) 330-3016 or 1 (646) 960-0828, Confirmation 5682116 Live audio webcas

SANTA CLARA, Calif., Oct. 20, 2022 /PRNewswire/ -- SVB (NASDAQ:SIVB), the financial partner for the innovation economy, released its financial results for the quarter ended September 30, 2022.  Please visit SVB's Investor Relations website at https://ir.svb.com to view the earnings release, presentation, and CEO letter. Conference call:  The Company will host a webcast and conference call at 3:00 p.m. Pacific Time today to discuss the results. Audio webcast:  The audio webcast can be accessed via SVB's investor relations website at https://ir.svb.com. Dial-in information: 1 (888) 330-3016 or 1 (646) 960-0828, Confirmation 5682116 Replay:  A replay of the call/webcast will be available at htt

SC 13G/A - SVB FINANCIAL GROUP (0000719739) (Subject)

SC 13G - SVB FINANCIAL GROUP (0000719739) (Subject)

SC 13G/A - SVB FINANCIAL GROUP (0000719739) (Subject)