Friday, June 15, 2012

Silicone Valley Bank branch soon to London!

Silicon Valley Bank, which describes itself as a financial partner to the technology, life science, cleantech, private equity and venture capital industries, opened a branch in London today, to serve both local and international businesses.
The Santa Clara based lender is offering a full suite of products and services to innovation businesses in the UK, including current and deposit accounts, loans, cash management services, trade finance and foreign exchange.

Commenting on the launch, the bank’s chief executive officer and president, Greg Becker, said: “The opening of a Silicon Valley Bank branch in London signals a significant step in the evolution of the technology sector in the UK at a time when there is strong government support for a thriving community of local innovation businesses.”

Source:
bankingtimes.co.uk