NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech.
Federal Reserve OKs merger of Silicon Valley Bank and Boston Private - San Francisco Business Times bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by SVB Financial.
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SANTA CLARA, Calif. and BOSTON, May 20, 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, today announced a proposed five-year, $11.2 billion community benefits plan that builds on its long-standing commitment toward helping small businesses, financing affordable housing, reinvesting in low- and moderate-income ( LMI ) communities and supporting the greater good through philanthropy and volunteering. The plan was developed in collaboration with the California Reinvestment Coalition ( CRC ), The Greenlining Institute, Massachusetts Affordable Housing Alliance ( MAHA ) and Massachusetts Association of Community Development Corporations ( MACDC ), based on anticipated growth resulting from and subject to the completion of SVB s pending acquisition of Boston Private Financial Holdings, Inc. ( Boston Private ) (NASDAQ: BPFH), the