Silicon Valley Bancshares

342 Words1 Page
bulb-icon

Recommended: Supervision eassy

Silicon Valley Bancshares (SIVB) NASDAQ

Silicon Valley Bancshares is helping to fund the high-tech revolution. The Santa Clara, California firmly established parent of Silicon Valley Bank, which essentially serves companies in the high-tech and entertainment industries. This bank provides lines of credit, cash management, factoring, and foreign exchange services through 17 offices throughout California and other high growth areas. The bank specializes in offering startup scratch (in the form of short-term loans, and lines of credit) to nascent Net nabobs waiting for their venture capital to come through. In exchange, startup clients are counted upon to deposit venture funds in Silicon Valley Bank accounts. As a part of its lending, the bank also pursues warrants to buy equity stakes in its clients. Silicon Valley Bancshares' key competitors are Bank One, Bank of America, Bank of West Comerica, FleetBoston, Imperial Bancorp, Mitsubishi Trust and Banking U.S., Bancorp, and Wells Fargo. These are some of Silicon Valley Bancshares targeted industries; communications, online services, computers, emerging technologies, life sciences, semiconductors, software, venture capital, entertainment, premium wineries, and real estate.

The Silicon Valley Bank brought into existence by Roger Smith in 1983, which provided bank services to tech startups in San Jose. The bank grew along with tech companies, and was a main lender to Cisco Systems. Silicon Valley was introduced to Boston's technology companies in 1990, and was also being used Oregon and Washington. The bank has also expanded to residential and commercial real estate lending. The recession of 1989-1991 found Silicon Valley Bancshares with an overextended loan portfolio, and in 1992 the bank booked a loss due to non-performing loans. In 1993, Silicon Valley Bancshares was put under Federal Supervision.

Show More
Related

  • London Docklands

    1210 Words  | 3 Pages

    dock as a place for the trade their goods, look at the map below to

    Read More

  • Broadway Brokers

    1844 Words  | 4 Pages

    The current economic downfall has forced many organizations to strategically restructure and downsize. Broadway Brokers is not immune to these economic challenges and has been faced with competition from discount brokers and Internet brokerage services. Broadway Brokers position of holding the largest market share has been jeopardized by their slow reaction to the shifting changes within the industry. Broadway Brokers staff possessed strong selling and interpersonal skills however lacked in their knowledge of the high tech skills that had been inundating the market. The organizations lack of adapting to new technology and their absorbent overhead was threatening their profitability. The organization was faced with the need to restructure, consolidate, and implement employee layoffs in order to remain competitive with the current financial climate. Rumors of impending office consolidations and staff layoffs had existed for some time. However, the CEO commentary in a Financial Times article confirmed such gossip. In fact, decisions had already been made by top management to enact a structural plan that would severely curtail offices, close offices, and reduce the level of employees across the organization. Top management was firmly fixed upon downsizing and consolidation and was now relying on its management staff to come up with a plan to implement a transition. A dozen of the company’s most respected managers – everyone from assistant vice presidents to managing directors were join together to devise a plan for change (Jick & Peiperl 2003).

    Read More

  • Fifth Business Dunstan

    676 Words  | 2 Pages

    his story from his childhood. He tells us that when he was ten, he had

    Read More

  • JP Morgan

    1321 Words  | 3 Pages

    In the late 1800s' economy there were many Americans who considered themselves to be business affiliated, but really didn't understand the full meaning of a business or knowing any financial obligations within a business. However, there was one peculiar man John Pierpont Morgan also know as J.P. Morgan who stood out to be a triumphant entrepreneur of many Americans in the late 1800s U.S. Economy.

    Read More

  • JP Morgan Chase Bank

    1808 Words  | 4 Pages

    The banking industry is under pressure in today’s business climate. Banks have been through big changes. There is opportunity, but there is also increasing competition. To be the preferred bank means changing “good enough” into a unique value proposition. And that means changing the way people have always done things, change on this level requires cutting edge technology. Change cannot be achieved with a simple directive or surface adjustment especially within the banking industry. It requires an innovative rethink of the entire system, in a strong partnership between bank leaders and their change agents. New systems and policies must support the strategy to be successful. The real test of a good strategy implementation plan is whether the people understand the strategy, are motivated and enabled to implement it, and actually start achieving its goals.

    Read More

  • Wells Fargo

    1061 Words  | 3 Pages

    Wells Fargo, is an American International banking and financial services holding company. It provides banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services. In July 2015, Wells Fargo became the world’s largest bank with 8,700 branches and 13,000 ATMs. In addition, it was the second largest bank in deposits, home mortgage services, and debit cards. Wells Fargo’s main office is located in Sioux Falls, ND., and was recognized as one of the, “Big Four Banks”, which included JPMorgan Chase, Bank of America, and Citigroup.

    Read More

  • Organizational Ecology Essay

    1024 Words  | 3 Pages

    In particular, startups conform to a set of formalized, ritualistic practices in order to obtain venture capital (VC) funding during the “seed” phase. Almost paradoxically, new companies are regarded as a kernel of innovation and invention in the economy and yet they seem to emulate each others’ routines in the pursuit of early investment, decoupled from the actual products or services they plan to sell to the

    Read More

  • Wells Fargo

    996 Words  | 2 Pages

    Wells Fargo leading aspects has shown they are strong and manageable. One of the factors of management that has caught my attention is how transparent they are. According to John Stumpf, CEO of Wells Fargo, if an employee wants to say it, just say it! Stumpf said that managers have learned to disagree without being disagreeable. The fact that they care for their customers so much, they tend to likewise care for their employees.

    Read More

  • Citigroup

    1850 Words  | 4 Pages

    Citigroup is one of the most well known financial companies in the world. The company has been one of the pioneers of the business financial world. They have contributed in many contemporary ways in the use of banks, and many other financial systems. Citigroup was a representation of the financial market success of the United States, Wall Street, and the financial world. The company has more than 200 years of history, and had been receiving high credibility from worldwide customers. However, after the company’s merger of Citicorp and Travelers Insurance the company was put under new management. Following their boss’ lead, the corporation began to make decisions that were only made with the best interest of the maximization of Citigroup’s profits in mind. This eventually led to the Recession of 2008 and a very rocky road for Citigroup. The company’s actions were similar to that of Netbank, but the end results of the companies differed due to Citigroup’s size. The financial crisis of Citigroup could have been avoided had the necessary precautions been taken, had these provisions been taken it could have possibly helped to avoid the economic recession of the United States as well.

    Read More

  • San Francisco Real Estate Case Study

    1019 Words  | 3 Pages

    It’s possible to sell your own home and San Francisco real estate agents understand there are times when an FSBO has the confidence to accomplish and save money by doing this transaction themselves. Once you do the research of selling your home in San Francisco, California and understand the process to complete everything involved with selling a home in the current market, you may want to reconsider selling on your own, especially in this city.

    Read More

  • sfas

    914 Words  | 2 Pages

    Edmond Rostand’s 1897 masterpiece titled Cyrano de Bergerac is full of twists and turns, action, and drama. Rostand’s play also exhibits fantastic character development, boasting several incredible characters, such as Madeleine Robin (Roxane), Christian, and, Cyrano de Bergerac. The latter is the perfect role model and Renaissance man. He is the most admirable character because of his praiseworthy qualities including, but not limited to wit and eloquence, courage, and loyalty.

    Read More

  • San Ysidro

    341 Words  | 1 Pages

    Many communities around the world face health risks from airpollution. The San Diego/ US–Mexico border crossing at the San Ysidro Port of Entry is the world's busiest international land border crossing. San Ysidro is a community located in California that is adjacent to the border crossing. Being close to the international border may result in exposure to pollution from lines of idling vehicles at the Ports of Entry, trade-related commercial trucks, and transport of pollutants from Mexico. Luckily, Casa Familiar, a local community development agency has launched a two-year project to study and analyze the health risks associated with air pollution at the border. The California Office of Environmental Health Hazard Assessment (OEHHA) will

    Read More

  • Citigroup

    1393 Words  | 3 Pages

    In the investments and securities market, Citigroup holds the names of two legendary brokerage firms, Soloman Brothers and Smith Barney. Smith Barney dates back to nineteenth century Philadelphia, where a young broker, Charles Barney, founded his firm in 1873 and a young investment banker, Edward B. Smith, started his in 1892. These pioneers of the American securities industry helped make Wall Street the world's financial capital. In 1938 Charles D. Barney & Co. and Edward B. Smith & Co. merge, forming Smith Barney & Co. In 1910 Arthur, ...

    Read More

  • Crowdfunding Practices Of A Project Initiator

    1050 Words  | 3 Pages

    However, Markowitz (2012) describes that it is essential to aware that crowdfunding practices currently being adopted by other industries as well, such as science related (Microryza), application development (Appbakcr and Appsfunder), non-profit project (Razoo) sports project (sporty funder) and Journalism project (Emphasis). Some project that success getting multimillion-dollar funding from crowdfunder such as Ouya (Android-based console), explains those crowdfunding projects fields become more diverse and enable to invent high-tech ventures.

    Read More

  • Banking and Finance

    1013 Words  | 3 Pages

    Never have I ever climbed a mountain peak. As a child, I imagined myself conducting expeditions in deep-frozen pathways, leading amateur explorers to the top of the world, and instructing rookies in surviving harsh blizzards. Even though slightly altered, my childhood dream has been achieved. I led a team of fellow classmates, in my Strategic Management course, to the success summit of a financial competition. Over the course of a semester, I and my teammates were supposed to create and manage a company of the IT industry, in a computer-simulated environment, along with other four rival teams. I dealt with strategy and financial matters of our virtual enterprise, while my colleagues were working on marketing and manufacturing. During the four months of the exercise, I have experienced finance from various aspects: capital budgeting, through selecting favorable investment for upcoming quarters; debt management, by assessing the necessary amount and efficiency of loans; profitability analysis and dividend policy, which had been used to compile the company’s general performance index. Working in a multinational team, which included an American, a Norwegian and a Moldovan, strengthen my negotiations skills, as well as flexibility and cooperation. But above all, this experience intensified my passion for finance. Of course, a pleasant bonus was the fact that, in the end, our company’s financial performance was six times the performance of second-best team.

    Read More

More about Silicon Valley Bancshares

Open Document