Bridge Bank Hires Dave Bhagat as Senior Managing Director, International Banking Group
December 08, 2021
San Jose, Calif.
Bridge Bank today announced the hiring of Dave Bhagat as senior managing director of the International Banking Group. In his new role, Bhagat will manage the foreign exchange sales and trading team, the trade finance and EXIM team, and correspondent banking and multi-currency accounts; lead the development of new FX and interest rate hedging solutions; and work to increase awareness of the group’s sizable capabilities.
Bhagat joins Bridge Bank from Silicon Valley Bank, where he most recently served as managing director and head of foreign exchange and rates trading. Previously he held senior sales and trading roles in foreign exchange, fixed income and derivatives at JPMorgan Chase, HSBC Bank and Citibank.
“Our clients nationwide depend on us for the range of international banking resources they need to support their global strategies," said Daniel P. Myers, chief executive officer at Bridge Bank. “Dave brings us tremendous expertise and a deep-seated client focus that fits with how we do business at Bridge Bank.”
Bridge Bank’s International Banking Group provides a full complement of sophisticated banking products and services tailored to client needs from spot contracts and letters of credit to global treasury management.
“The International Banking Group does an excellent job serving our clients’ foreign exchange and trade finance needs,” said Bhagat. “I look forward to helping the group enhance our capabilities to meet the growing needs of our clients as they expand domestically and internationally.”
Bridge Bank, a division of Western Alliance Bank, Member FDIC, delivers relationship banking that puts clients at the center of everything. Founded in 2001 in Silicon Valley, Bridge Bank offers a full spectrum of tailored business banking solutions throughout the Bay Area and has specialized expertise focused on life sciences and technology and innovation companies, at every stage in their life cycle, through its offices in major tech hubs across the country. Bridge Bank also serves the private equity and venture capital communities and provides business escrow services. Bridge Bank is part of Western Alliance Bancorporation, which has more than $65 billion in assets. Influential sources from Forbes to American Banker again rank Western Alliance Bank among the top U.S. banks in 2023. As a regional bank with significant national capabilities, Bridge Bank delivers the reach, resources and local market expertise that make a difference for customers.