Shanghai Pudong Silicon Valley Bank Address
2 1 Floor and 22nd Floor, Block B, Baodi Plaza, No.588 Dalian Road, Yangpu District, Shanghai 1983 Silicon Valley Bank (SVB) was established in the United States, and is a subsidiary of Silicon Valley Banking Finance Group, with assets of US$ 5 billion, through 27 offices in the United States, 3 international branches and extensive business networks in Asia, Europe, India and Israel. Silicon Valley Bank mainly serves technology-based enterprises and has successfully helped star enterprises such as Facebook and twitter. On March 10, local time, according to the statement issued by the Federal Deposit Insurance Corporation (FDIC), the California Department of Financial Protection and Innovation (DFPI) announced the closure of Silicon Valley Bank in the United States and appointed FDIC as the bankruptcy administrator. On March 1 1, US Democratic Senator elizabeth warren said that the executives of Silicon Valley banks must be responsible for the bank bankruptcy caused by their dereliction of duty and mismanagement; On March 12, the US Treasury Department reported that the Ministry of Finance, the Federal Reserve and the FDIC jointly issued a statement saying that decisive actions were being taken to protect the US economy by enhancing public confidence in the banking system.