SVB Financial Group 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 26, 2012
SVB Financial Group
(Exact name of registrant as specified in its charter)
3003 Tasman Drive, Santa Clara, CA 95054-1191
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (408) 654-7400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
On April 26, 2012, Silicon Valley Bank (the Bank), the banking subsidiary of SVB Financial Group, announced that it had received a branch banking license from the Financial Services Authority in the United Kingdom. The license will allow the Bank to offer local banking products and services in the U.K., including checking and deposit accounts, cash management services and foreign exchange transactions.
This branch license is a milestone in the Banks global growth, supporting its strategy to help innovative companies and their investors succeed around the world.
The official opening of the Banks U.K. branch is expected to take place within the next 6-10 weeks.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.