SVB's Investment Bank Is In Talks to Buy MoffettNathanson [Business News Network (BNN) (Canada)]
SVB Financial Group (SIVB)
Last svb financial group earnings: 4/23 04:06 pm
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ir.svb.com
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Source: Business News Network
to people familiar with the matter, who declined to be identified discussing private information. The New York-based firm, named for founders and senior research analysts Craig Moffett and Michael Nathanson, is best known for its coverage of media, communications and internet companies. A deal isn't yet finalized and it's possible that talks fall apart. A MoffettNathanson representative declined to comment. SVB representatives didn't respond to requests for comment. SVB Leerink, led by Chief Executive Officer Jeff Leerink, is known for its health-care expertise, and has more recently expanded into technology, in part by hiring a group of senior bankers from UBS Group AG. The entity was formed through a merger of Leerink Partners and SVB in 2019. SVB Leerink's research team is currently comprised of health-care focused analysts, its website shows. On an October earnings call, SVB Financial Group CEO Greg Becker and Chief Financial Officer Daniel Beck highlighted efforts to bols
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