SVB's UK Business Becomes Subsidiary Bank, Reflecting Strong Growth [MarketWatch]
SVB Financial Group (SIVB)
Last svb financial group earnings: 4/23 04:06 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.svb.com
Company Research
Source: MarketWatch
LONDON, Sept. 22, 2022 (PR Newswire Europe via COMTEX) -- Company Names Erin Platts CEO of Silicon Valley Bank UK and Appoints New Board of Directors LONDON, Sept. 22, 2022 /PRNewswire/ --SVB Financial Group (SVB) (Nasdaq: SIVB), the financial partner of the innovation economy and parent of Silicon Valley Bank, today announced that its UK branch has become a wholly owned subsidiary of Silicon Valley Bank, due to significant growth of the business. Silicon Valley Bank UK Limited is led by CEO Erin Platts, formerly SVB's Head of EMEA and President of the UK Branch. As a full subsidiary, Silicon Valley Bank UK has appointed a UK Board of Directors to provide oversight for the business. Greg Becker, CEO of SVB Financial Group said: "At SVB, we have witnessed significant growth of the innovation economy in the UK over the past decade. Accordingly, SVB has also experienced outstanding growth in the UK leading to the transition to a subsidiary business based on our size. Under Erin's le
Show less
Read more
Impact Snapshot
Event Time:
SIVB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SIVB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SIVB alerts
High impacting SVB Financial Group news events
Weekly update
A roundup of the hottest topics