Krebsbach, Karen
November 2004
Bank Technology News;Nov2004, Vol. 17 Issue 11, p38
Trade Publication
The article reports that Silicon Valley Bank's opening of two units in London and Bangalore, India, with plans to open others in China and Israel in 2005, may signal a new breed of business banking. It is a unique merchant services/private banking hybrid designed to be all things to startups and mid-sized firms. As consulting and advisory arms, not deposit-taking units, the units are designed to help shake entrepreneurial trees around the world in search of technology and life-sciences firms that need financing, or a new parent.


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