SVB Financial Group Expands Financial Platform for the Innovation Economy with Addition of Technology Investment Banking | 2021-09-08 | Press Releases

 SVB Financial Group Expands Financial Platform for the Innovation Economy with Addition of Technology Investment Banking | 2021-09-08 | Press Releases

SANTA CLARA, Calif., Sept. 8, 2021 /PRNewswire/ — SVB Financial Group (“SVB”) (NASDAQ: SIVB), the parent of Silicon Valley Bank, today announced it has assembled an industry-leading technology investment banking team led by Jason Auerbach, SVB Leerink’s new Co-Head of Investment Banking. These additions to SVB’s existing investment banking business, SVB Leerink, will expand and build on SVB’s core capabilities. SVB serves the world’s most innovative companies and their investors via commercial banking with Silicon Valley Bank, investment banking with SVB Leerink, private banking and wealth management with SVB Private Bank, and funds management and investment with SVB Capital. With this announcement, SVB Leerink’s sector expertise will include healthcare, healthcare services and now technology investment banking.

“The success and momentum of our investment banking business with SVB Leerink has exceeded our expectations, allowing us…

Read full article…stockhouse.com