SVB Financial Group Sells SVB Securities to Management Team Backed by Baupost Group

SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' CEO and founder, and backed by funds managed by The Baupost Group for the sale of its investment banking business, SVB Securities. read more

JUN 19, 2023 - 7:36 am

SVB Financial Group Files Chapter 11

SVB Financial Group, which is no longer affiliated with Silicon Valley Bank, filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value. read more

MAR 20, 2023 - 7:24 am

SVB Financial Group Appoints King to Board of Directors

SVB Financial Group, the parent of Silicon Valley Bank, appointed Thomas King, former CEO of investment banking at Barclays, to its board of directors. King will also serve on the board's compensation and human capital committee. read more

SEP 16, 2022 - 7:30 am

SVB to Acquire Healthcare Investment Bank Leerink Partners

SVB Financial Group entered into a merger agreement to acquire Leernk Holdings, the Boston-based parent company of Leerink Partners, an investment bank focused on the healthcare and life science industries. read more

NOV 15, 2018 - 6:25 am