SVB Financial to acquire Boston Private for $900m.

SVB Financial, a commercial bank that serves emerging growth and middle-market growth companies, agreed to acquire Boston Private, a provider of wealth management, trust and banking services, for $900m. "Together, SVB and Boston Private will be well-positioned to grow and scale our business, leveraging SVB's deep client relationships and broad reach across the innovation economy to capture a greater share of the wealth management market. We look forward to working together to support our clients as they pursue the goals they have for their businesses, families and legacies," Anthony DeChellis, Boston Private CEO.