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Silicon Valley Bank’s headquarters in Santa Clara, Calif. (JAMES BRADSHAW/THE GLOBE AND MAIL)

Silicon Valley Bank’s headquarters in Santa Clara, Calif.

(JAMES BRADSHAW/THE GLOBE AND MAIL)

Silicon Valley Bank sets sights on Canada Add to ...

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A leading U.S. bank catering to technology companies and venture capitalists is putting down roots in Canada, hoping to be a lender of choice for the next wave of Canadian innovators.

Silicon Valley Bank, based in Santa Clara, Calif., filed an application Thursday with Canada’s banking regulator for a license to open a lending branch in Toronto.

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