For Silicon Valley Bank, the Future Is China June 01, 2011 Wall Street Journal
When Pat Chan, the chief executive of small Beijing software company Borqs Ltd. needed a multimillion-dollar line of credit, he didn't go to a Chinese bank—he got his money from a Santa Clara, Calif., bank with a growing business abroad.
SVB Financial Group's Silicon Valley Bank is a specialist for entrepreneurs, start-ups and venture-capital firms. In recent years the bank has been expanding abroad, following its customers and, in China in particular, seizing on the underserved start-up niche.
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