Insights

 

FX Daily
November 05, 2013 Posted by
The South African Reserve Bank plans to start diversifying its foreign currency reserves by adding Korean Won, Australian dollars, and New Zealand dollars. The Bank stated that it “is acutely aware of the risks facing the global environment emanating from asset tapering, and with this in mind, made a strategic decision to diversify its currency exposure to help insulate reserves from the potential rise in U.S. Treasury yields.”
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SVB in the community; U.S.
November 04, 2013 Posted by

The Redwood Empire Food Bank operates hunger relief initiatives to assist 78,000 local residents in Sonoma County each month. A team from Silicon Valley Bank supported the Food Bank as part of SVB's 30 Years|30 Causes celebration campaign.

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FX Daily
November 04, 2013 Posted by
The USD is weaker against most majors this morning, driven in part by stronger data overseas. The Euro came off of six-week lows against the USD after the Eurozone PMI release showed manufacturing in the region expanded for the fourth straight month.
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SVB in the community
November 02, 2013 Posted by
Seventy-nine SVB volunteers made aesthetic upgrades at Lincoln Elementary. The Mesa, AZ, elementary school hosts more than 900 students where 96 percent of the children qualify for a free or reduced rate lunch program. As a team, our goal was to use this opportunity to give back in a way that would brighten childrens' days and make a lasting impact on their school.
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CIO Vantage Point
November 01, 2013 Posted by
The Fed's non-move, home sales slide, and JP Morgan's non-settlement.
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FX Daily
November 01, 2013 Posted by
The dollar was stronger this morning, as speculations for a rate cut from the ECB drove the euro down for a fifth consecutive day.
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FX Daily
October 31, 2013 Posted by
The EUR is weaker today against the USD after the release of inflation and employment reports. The weak data is fueling speculations that the ECB will cut rates to support the region's recovery.
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