Limited Power of Attorney
Securities Law Compliance


I, as an officer or director of SVB Financial Group and
subsidiaries, appoint Karen Hon, Annie Loo and Kamran
Husain, and each of them, my true and lawful attorney in
fact and agent to complete and execute Forms 144, Forms 3,
4 and 5 and other forms as the attorney determines in his
or her discretion are required or advisable pursuant to
Rule 144 under the Securities Act of 1933, as amended,
Section 16 of the Securities Exchange Act of 1934, as
amended, or the Securities and Exchange Commissions
rules and regulations, or any successor laws or
regulations, as a consequence of my ownership,
acquisition or disposition of securities of SVB
Financial Group, and to do all acts necessary in
order to file such forms with the Securities and
Exchange Commission, any securities exchange or
national association, and other person or agency as
the attorney deems appropriate. I ratify and confirm
all that the attorneys in fact and agents do or cause
to be done.

This Limited Power of Attorney is executed in Santa
Clara, CA as of the date below and shall remain effective
until July 31, 2013, unless I am no longer required to
complete said forms.






			Signature /s/Joel Friedman


			Joel Friedman


			Type or Print Name

			Dated: April 26, 2012



Witness:


/s/ Annie Loo and Mary Dent
Signature

Annie Loo and Mary Dent
Type or Print Name

Dated:	April 26, 2012