SVB Financial Group at Goldman Sachs US Financial Services Conference Transcript

Dec 07, 2022 / 01:40PM GMT
Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

Joining us for the first time. We are excited to welcome Silicon Valley Bank to the conference. Silicon Valley Bank, the bank to the innovation economy, helping guide companies from the incubation stage through becoming a public company and in many instances, well beyond that.

It's done an outstanding job building out its product offering beyond commercial banking into areas such as SVB Securities and Private Banking. While activity in private markets has slowed this year, Silicon Valley is well positioned to capitalize on both the cyclical return of activity as well as the secular growth in this area.

Joining us from the bank. We're excited to have CFO, Dan Beck. Dan is going to make a few opening comments before we dive into Q&A, Dan.

Daniel J. Beck - SVB Financial Group - CFO

Awesome. Great to see everybody. Ryan, thanks for hosting us, and I'll keep the opening comments brief because I know we've got a bunch of questions. But stepping back, what we continue to see,

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