Silicon Valley Bank promotes two executives to key roles - San Francisco Business Times

📆 12-02-23 23:00:00
📰 SFBusinessTimes

⏱ Reading Time:
34 sec. here
2 min. at publisher
📊 Quality Score:
News: 17%
Publisher: 68%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

In a promising sign for Silicon Valley startups, a Silicon Valley Bank exec points out that VCs have hundreds of billions of dollars in dry capital to put to work. SVB_Financial

Silicon Valley Bank on Wednesday named longtime executive Ashraf Hebela head of technology and healthcare banking for North America, a key role at the bank that was founded 40 years ago to provide banking services to venture capitalists and their portfolio companies.

Since joining the bank in 2009, Hebela has filled several roles, including serving as chief of staff to SVB CEO Greg Becker as well as head of analytics and sales operations, and most recently, head of startup banking. Prior to joining SVB, Hebela held senior roles at NorthStar Systems and Siebel Systems.

Silicon Valley Bank is the commercial bank at SVB and one of its four core businesses, along with SVB Capital, SVB Private and SVB Securities. All are part of SVB Financial Group . SVB Financial Group stock, which typically rides the ups and downs of Silicon Valley, has rebounded 40% since the start of 2023 after losing two-thirds of its value in 2022.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Microsoft to lay off 62 more workers in Silicon Valley - Silicon Valley Business JournalThe software giant unveiled a new set of job cuts as part of the mass layoffs it announced last month.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »

SBA finalizing its 7(a) lending expansion rule - Silicon Valley Business JournalThe SBA is finalizing a rule that could open up one of its most popular lending programs to new lenders, but not everybody is happy about it. Here's what businesses need to know.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »

Santana West developers Federal Realty shift leasing strategy - Silicon Valley Business JournalFederal Realty has given up looking for a single tenant to take all 375,000 square feet of office space at One Santana West.
La source: svbizjournal - 🏆 334. / 59 Lire la suite »