Silicon Valley Bank (SVB) is a division of First Citizens Bank, focusing on providing commercial and private banking services to individuals and companies within the technology, life science and healthcare, private equity, venture capital, and premium wine industries. With its establishment in 1983, SVB has positioned itself as the bank for the world's most innovative companies and investors. Operating primarily in the United States, SVB serves its dynamic clients with deep sector expertise, insights, and connections in centers of innovation. SVB's parent company, First Citizens Bancshares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with assets exceeding $200 billion. SVB stands as a key player in the banking industry, supporting the growth and success of businesses and investors across diverse sectors.
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