The investment bank arm of Silicon Valley Bank is back to being an independent entity after the judge in SVB’s Chapter 11 bankruptcy proceedings approved a $55 million buyout offered by the unit’s executives.
Somerville’s Brickbottom is joining the ranks of local neighborhoods shedding their industrial pasts to accommodate life science expansion, spurring redevelopment of two warehouses as a new 200,000-square-foot lab complex.
The parent company of Silicon Valley Bank is buying a Boston investment bank.
