Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group

PR Newswire - Mon Oct 2, 2023

SANTA CLARA, Calif., Oct. 2, 2023 /PRNewswire/ -- SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has completed the sale of its investment banking business, SVB Securities LLC (now named Leerink Partners LLC), to the management team bidder group led by Jeff Leerink, Leerink Partners' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C.

Read more at prnewswire.com