Santa Clara, CA
-- September 11, 2001 -- Silicon Valley Bank (the "Bank"), a
wholly owned subsidiary of Silicon Valley Bancshares, has
announced it is open and continuing to handle its clients'
essential banking needs.
However, because of today's terrorist attacks on the United
States, the Bank has closed the following regional offices for
today: San Francisco (Spear St. and China Basin), Atlanta,
Chicago, New York, and Northern Virginia.
The Bank's Foreign Exchange trading has been suspended until
further notice and Client Investment (IPS) trading is closed
today. These services will resume in conjunction with the
reopening of national financial markets.
Silicon Valley Bank would like to note that our thoughts and
prayers are with those affected by today's tragedy.
About Silicon Valley Bank
Silicon Valley Bank serves emerging growth and middle market
companies in targeted niches, focusing on technology and life
sciences, while also addressing other specific industries in
which it can provide a higher level of service and better
manage credit through specialization and focus.
The Bank operates throughout the Silicon Valley: Santa
Clara, Palo Alto and Sand Hill, the center of the venture
capital community in California. Other regional offices within
California include: Irvine, Los Angeles, Napa Valley, San
Diego, San Francisco, Santa Barbara, and Sonoma. Office
locations outside of California include: Phoenix, Arizona;
Boulder, Colorado; West Palm Beach, Florida; Atlanta, Georgia;
Chicago, Illinois; Boston, Massachusetts; Minneapolis,
Minnesota; Durham, North Carolina; Portland, Oregon;
Philadelphia, Pennsylvania; Austin, Texas; Dallas, Texas;
Northern Virginia; and Seattle, Washington.
Andrea McGhee, (408) 654-3078, email@example.com