Daily News: February 1, 2013

SVB, Others Receive Mid-Market Banking Excellence Award


Silicon Valley Bank is one of seven U.S.-based banks to receive a 2012 Greenwich Associates Excellence Award for international service to mid-sized companies.

Others named for the Excellence in Middle Market Banking award for international service were Bank of America, Citi, HSBC, J.P. Morgan, RBS Citizens and Wells Fargo.

The award ranked the banks based on perceptions in nearly 14,000 interviews with executives nationally at companies with sales of $10 million to $500 million, reviewing more than 750 national and regional institutions, Greenwich said. The award went to those with the highest percentage of excellent ratings, in response to a question about which institutions those surveyed considered leading providers of international service.

Greenwich is a research firm for the financial services industry.

Silicon Valley Bank and its affiliates within SVB Financial Group provide industry knowledge and connections, financing, treasury management, corporate investment and international banking services.

To see the full list of winners, click here.