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.
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