Silicon Valley Bank’s former owner is reportedly close to selling its venture capital business. SVB Capital has attracted two top bidders, The Wall Street Journal (WSJ) reported Friday (Sept. 15), citing sources familiar with the matter. Those potential buyers include SkyBridge Capital, and Atlas Merchant Capital — both working together...
J.P. Morgan has added former SVB Capital President John China to its Innovation Economy (IE) business. China will serve alongside Melissa Smith as co-head of IE for Commercial Banking (CB), J.P. Morgan said in a Tuesday (July 11) press release emailed to PYMNTS. Smith is continuing her dual role as co-head of IE and...
May 03, 2024
SVB Financial Group has entered into a definitive agreement to sell its investment platform business, SVB Capital. The buyer is a newly created entity affiliated with Pinegrove Capital Partners and backed by Brookfield Asset Management and Sequoia Heritage, SVB Financial Group said in a Thursday (May 2) press release. The agreement is subject to bankruptcy […]
September 17, 2023
Silicon Valley Bank’s former owner is reportedly close to selling its venture capital business. SVB Capital has attracted two top bidders, The Wall Street Journal (WSJ) reported Friday (Sept. 15), citing sources familiar...
July 11, 2023
J.P. Morgan has added former SVB Capital President John China to its Innovation Economy (IE) business. China will serve alongside Melissa Smith as co-head of IE for Commercial Banking (CB), J.P. Morgan said in a Tuesday (July 11) press...
