Silicon Valley Bank Seeks UK Branch LicenseJune 01, 2010Santa Clara, Calif.-based Silicon Valley Bank ($12.5 billion in assets) announced Tuesday it is seeking regulatory approval to open a full commercial banking branch in London.
Charting A New CourseApril 25, 2003By Web-enabling their trade finance applications, banks are taking the headache out of obtaining letters of credit and other trade transactions. Yet the shipment of goods around the world remains a paper-bound process.
Bank BytesSeptember 10, 2002Wachovia uses networked storage plus data management software from EMC; Capital City Bank uses Series 2000 from Banklink; Fleet Bank installs Core that it co-developed with Carreker.
International BytesDecember 20, 2001KBC Bank NV selects Sungard's intelliMATCH to reconcile securities items and related cash; SWIFT enters into an agreement with Financial Fusion and Global Crossing to offer a FIX hub messaging solution to the securities industry; The London Stock Exchange,