Jeff Leerink Group to acquire SVB Securities from SVB Financial Group
SVB Financial Group (Pink Sheets: SIVBQ) yesterday announced that it has entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities’ Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of its investment banking business, SVB Securities. A hearing […]