SVB Financial Group Encourages Improvements to U.S. Stock Markets to Spur Economic Growth

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Mon Nov 9, 2009 11:00am EST

SVB Financial Group Encourages Improvements to U.S. Stock Markets to Spur
Economic Growth



SANTA CLARA, Calif., Nov. 9 /PRNewswire-FirstCall/ --SVB Financial Group
(SVB), the parent company of Silicon Valley Bank and financial partner to
technology companies and venture capitalists worldwide, announced its public
support today for changes to be made to the U.S. stock market in order to
encourage more publicly listed companies in the U.S.  According to a paper
release today by Grant Thornton LLP, "A Wake-up Call for America," market
structure problems are undermining America's global competitiveness,
threatening the U.S. job market and inhibiting economic recovery.

The following statement was made by Ken Wilcox, CEO of SVB Financial Group and
Silicon Valley Bank:

"We strongly support Grant Thornton in its call to action to make changes and
improvements to market structures that have been severely impacting economic
conditions.  Providing the right regulatory environment and market structure
are of critical importance for a continued, robust innovation economy in the
U.S. More importantly, the issues this study addresses are getting at the
underlying issues that will support the future growth of the total U.S.
economy.

"As a company dedicated to formation and growth of innovative technology and
life science companies, we are prepared to devote the necessary resources to
support the recommendations made by Grant Thornton. We encourage our
colleagues to familiarize themselves with this data and join us as we urge our
government officials to pursue solutions that will promote more effective
market structures, rather than inhibit the formation of listed companies in
the U.S. and therefore impact job and economic growth."

A full copy of the Grant Thornton study is available at  www.gt.com/wakeupcall

More information will also be available soon regarding a new 501 (c) 6
organization, which will be called "Coalition for the Reformation of Listings
and Markets."

SVB Financial Group and its subsidiaries, including Silicon Valley Bank, are
dedicated to helping entrepreneurs succeed. SVB Financial Group is a financial
holding company that serves companies in the technology, life science, venture
capital/private equity and premium wine industries. Offering diversified
financial services through Silicon Valley Bank, SVB Analytics, SVB Capital,
SVB Global and SVB Private Client Services, SVB Financial Group provides
clients with commercial, investment, international and private banking
services. The company also offers funds management, broker-dealer transactions
and asset management, as well as the added value of its knowledge and networks
worldwide. Headquartered in Santa Clara, Calif., SVB Financial Group (Nasdaq:
SIVB) operates through 27 offices in the U.S. and international operations in
China, India, Israel and the United Kingdom. More information on the company
can be found at www.svb.com.

Banking services are provided by Silicon Valley Bank, a member of the FDIC and
the Federal Reserve. SVB Financial Group is also a member of the Federal
Reserve.



SOURCE  SVB Financial Group

Carrie Merritt of SVB Financial Group, +1-503-574-3705, cmerritt@svb.com
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