The deal attracted criticism from a major Boston Private investor
The financial sector has always had a target on its back
From rule-based systems to explainable AI, financial institutions continue to advance their fraud prevention systems
The activist investor has been targeting an overhaul of the company
Investor claims SVB previously indicated a higher value bid was possible
Also: Southern California Bancorp is to buy Bank of Santa Clarita for $56 million
The OCC has conditionally approved Paxos National Trust for a banking charter
NYCB is to acquire Flagstar in an all-stock merger scheduled to complete later this year
SVB Financial won’t pay more for Boston Private despite opposition from one vocal investor
Independent Bank Corp has announced its acquisition of Meridian Bancorp and Colony Bankcorp seals merger deal with SouthCrest Financial Group
