SVB Financial Group (SIVB) To Acquire Boston Private (BPFH)
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SVB Financial Group To Acquire Boston Private, A Leading Provider Of Wealth Management, Trust And Banking Services
January 4, 2021 4:30 PM ESTSANTA CLARA, Calif. and BOSTON, Jan. 4, 2021 /PRNewswire/ -- SVB Financial Group ("SVB") (NASDAQ: SIVB), the parent of Silicon Valley Bank, the bank of the world's most innovative companies and their investors, and Boston Private Financial Holdings, Inc. ("Boston Private")(NASDAQ: BPFH), the parent company of Boston Private Bank & Trust Company, a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits, today announced that they have entered into a definitive merger agreement pursuant to which SVB will acquire Boston Private.... More
