In the Swedish reporting around Silicon Valley Bank, First Republic and Signature, they have often been referred to as niche banks (or in similar ways). Especially in the reporting around Alecta’s move from Swedish banks Handelsbanken and Swedbank to the mentioned banks.
However, it is worth remembering that everything is bigger in the US. A US niche bank is not like Swedish banks Collector or Resurs Bank. It is more like, you guessed it, a large Swedish bank like Handelsbanken or Swedbank.
Employees
Silicon Valley Bank: 8 553
Handelsbanken: 10 954
Liabilities & Equity
Silicon Valley Bank: 212 billion USD
Handelsbanken: 3.45 trillion SEK (ca 330 billion USD)
