Advertisement
YOU ARE HERE: LAT HomeCollectionsSilicon Valley Bancshares
IN THE NEWS

Silicon Valley Bancshares

FEATURED ARTICLES
BUSINESS
September 19, 2000 | Bloomberg News
City National Corp. said it plans to open an office in Palo Alto next week to provide banking services to technology start-ups and wealthy entrepreneurs in Silicon Valley. The Beverly Hills-based bank hopes to capitalize on the record flow of venture capital into young companies and the resulting demand for banking and money-management services.
ARTICLES BY DATE
BUSINESS
September 19, 2000 | Bloomberg News
City National Corp. said it plans to open an office in Palo Alto next week to provide banking services to technology start-ups and wealthy entrepreneurs in Silicon Valley. The Beverly Hills-based bank hopes to capitalize on the record flow of venture capital into young companies and the resulting demand for banking and money-management services.
Advertisement
BUSINESS
September 21, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
A little chip of the Silicon Valley has come to Orange County. Silicon Valley Bank, a Santa Clara-based bank specializing in loans to high-technology firms, has opened a regional office in Newport Beach to make loans to emerging technology companies in Orange County and throughout Southern California. James F.
BUSINESS
September 21, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
A little chip of the Silicon Valley has come to Orange County. Silicon Valley Bank, a Santa Clara-based bank specializing in loans to high-technology firms, has opened a regional office in Newport Beach to make loans to emerging technology companies in Orange County and throughout Southern California. James F.
BUSINESS
May 29, 1989
Banks Call Off Merger: Silicon Valley Bancshares and Plaza Commerce Bancorp called off a previously reported agreement to merge. The bank holding companies said the merger would not have benefited shareholders of either company at this time. The proposal, announced last month to merge the Plaza Bank of Commerce of San Jose and Silicon Valley Bank of Santa Clara, would have created a strong Silicon Valley institution with combined assets of about $752 million.
BUSINESS
December 13, 2000 | From Bridge News
Silicon Valley Bancshares has ridden the tech sector's boom--and now may have to deal with the bust. The Santa Clara-based bank's stock tumbled Tuesday after the firm warned that a recent pullback by venture capital firms has left some formerly cash-rich clients high and dry--slashing the bank's deposit growth rate. The stock (ticker symbol: SIVB) plunged $9.75, or 22%, to $34.75.
BUSINESS
February 27, 1998 | Debora Vrana
Silicon Valley Bank, a wholly owned subsidiary of Silicon Valley Bancshares, has opened its first office in Los Angeles to lend to growing technology companies. Silicon Valley, which already has offices in San Diego and Irvine, lends to growing mid-sized companies primarily in the technology and science industries. The bank had a small office in Los Angeles that focused on entertainment, but that division will move to the new office in West Los Angeles.
BUSINESS
April 28, 1992
Companies ranked by profit from continuing operations as a % of sales. Pct. '91 Rank Company Return 1 Magma Power Co. 40.3 2 Franklin Resources Inc. * 31.1 3 Cisco Systems Inc. 24.1 4 Syntex Corp. * 23.0 5 Adobe Systems Inc. 22.5 6 Wesco. Financial Corp. 22.2 7 Diagnostic Products Corp. 21.5 8 Berry Petroleum 21.4 9 Novellus Systems Inc. 21.0 10 Autodesk Inc. 20.3 11 McGrath Rent Corp. 19.8 12 Linear Technology Corp. * 19.3 13 WD-40 Co. * 17.8 14 Xilinx Inc. 17.5 15 Acuson Corp. 17.
BUSINESS
April 28, 1992 | SHARON BERNSTEIN, SPECIAL TO THE TIMES
The next time you get the impulse to spruce up that car--especially the tires and dashboard--there's a good chance you'll add to the stellar record of Laguna Niguel-based Armor All Products Corp., the firm with the highest revenue per employee of any in the Times' annual ranking of California public companies on that basis. Last year, Armor All grossed $1,126,000 for each of its 123 employees, topping the list in all categories (see table on Page 40).
BUSINESS
November 2, 2000 | JAMES FLANIGAN
Who will make risky loans to Southern California entrepreneurs and small business now that Imperial Bancorp is being acquired by Comerica Inc.? The Detroit-based banking company, after all, is a much larger concern that boasts a "strong credit culture." And words like that generally denote a tight-fisted approach to banking that can be hard on small businesses looking for unconventional financing. Or a savvy banker who will spring an overdraft Friday to carry the business through the weekend.
BUSINESS
August 19, 1992 | TOM PETRUNO
If you don't feel like counting outgoing U-Hauls on the 15 Freeway at Barstow, there's an easier way to gauge the direction of the California economy: Look at the real--and perceived--health of the state's banks and S&Ls. If loan losses are still mounting, and investors are still shunning California bank and S&L stocks, it's a good bet that the state economy remains on the down slope.
BUSINESS
October 22, 1995 | JAMES FLANIGAN
Just what does Wells Fargo's massive bid for First Interstate say about the banking industry, its customers and the local and national economy today and tomorrow? It says that in a shrinking industry--like the railroads of old--big companies are consolidating and taking out capital. Wells Fargo hopes to wring $700 million in savings out of the union with First Interstate, by closing branches, laying off employees and combining operations.
Los Angeles Times Articles
|