Silicon Valley Bank’s failure and its impact on markets

Silicon Valley Bank’s failure and its impact on markets

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SVB Financial Group (SIVB US) is a diversified financial services company, which provides personalized financial solutions to private equity/venture capital professionals and executives of innovation companies. Silicon Valley Bank (SIVB) is the company’s principal core business, offering traditional commercial loan and deposit products, as well as credit cards. The global fund banking division of SVB primarily provided PE/VC call lines of credit secured by LP capital commitments, representing 56% of the loan book. The other core businesses are as follows: (2) SVB Private, which provides personalized financial solutions to PE/VC professionals, such as mortgages, (3) SVB Securities, which is the investment bank and (4) SVB Capital, which is the VC investment arm.

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