SVB Financial Group Completes Acquisition of Boston Private
SANTA CLARA, Calif., July 1, 2021 /PRNewswire/ -- SVB Financial Group ("SVB") (NASDAQ:SIVB), the parent of Silicon Valley Bank, today announced it has completed the acquisition of Boston Private Financial Holdings, Inc. ("Boston Private"), the parent company of Boston Private Bank & Trust Company ("Boston Private Bank"), a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits.
Boston Private is now part of SVB. The combined private banking and wealth management business will be led by Anthony DeChellis, CEO of SVB Private Banking & Wealth Management and Yvette Butler, President of SVB Private Banking & Wealth Managem
