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, 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