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| 650 Page Mill Road Palo Alto, CA 94304-1050
PHONE 650.493.9300 FAX 650.493.6811
www.wsgr.com |
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January 4, 2012
United States Securities and Exchange Commission
Washington, D.C. 20549
Attn: David Irving
| Re: | SVB Financial Group Comment Letter of December 23, 2011 |
| (File No. 000-15637) |
Dear Mr. Irving:
We are legal counsel to SVB Financial Group. Per our voicemail correspondence, SVB is requesting an extension of the ten business day period you requested for a response to the above-referenced comment letter. Specifically, SVB requests to submit its response on or before January 17, 2012. If you have any questions or concerns regarding this proposal, please give me a call at (650) 849-3421. Per our voicemail exchanges, we will presume if we do not receive a response that the Staff is willing to allow us this extension but please do contact us if that assumption is incorrect.
Thank you.
Sincerely,
/s/ Todd Cleary
Todd Cleary