SVB Finanical Group opens Beijing office
SVB Financial Group, the parent of Silicon Valley Bank, has opened an office in Beijing, to provide VC investors and hi-tech companies with advisory services including arranging RMB loans with local partners.
The new presence follows SVB's opening of an office in Shanghai in 2005. Michael Yahng, China Country Head for SVB Financial Group, will oversee the offices in both cities, with MD Daniel Quon leading...
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