NEW YORK, July 1, 2021 /PRNewswire/ -- Cerence Inc (NASD: CRNC) will replace Adtalem Global Education Inc. (NYSE:ATGE) in the S&P MidCap 400 and Adtalem Global Education will replace Boston Private Financial Holdings Inc. (NASD: BPFH) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 7. S&P 500 constituent SVB Financial Group (NASD: SIVB) completed its acquisition of Boston Private Financial Holdings today. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector July 7, 2021 S&P MidCap 400 Addition Cerence CRNC Information Technolog

NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the second quarter of 2021. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Technology Index (TICKER:KFTX, NASDAQ:FTEK) and the KBW Nasdaq Regional Banking Index (TICKER:KRX, NASDAQ:KBWR). These  changes  will  be  effective  prior  to  the  opening  of  business  on  Monday, June 21, 2021. As part of this rebalancing, below are the component level changes across vari

Study further examines the impact of Covid-19 on perceptions and uses of wealth Boston Private, a leading provider of integrated wealth management, trust and banking services, today released its 2021 "Why of Wealth" study, a comprehensive report that delves into the emotional dimensions of wealth, a continuation of the same topics explored in the 2018 edition of the survey. Importantly, the survey examines how perceptions of wealth differ by generation, and how those perceptions shifted during the Covid-19 pandemic. The "Why of Wealth" survey found that there are significant differences in the ways individuals across age groups understand and define wealth: Millennials define wealth as:

Firm Recognized for Outstanding Contribution to Wealth Management Thought Leadership Boston Private, a leading provider of integrated wealth management, trust and banking services, today announced that the company has won the 2021 Family Wealth Report Award for "Outstanding Contribution to Wealth Management Thought Leadership." The annual Family Wealth Report Awards program recognizes the most innovative and exceptional firms, teams and individuals serving the family office, family wealth management and trusted advisor communities in North America. The judging panel, composed of industry experts from family offices, private banks, trusted advisors, consultants and other service providers,

Transaction Expected To Close Mid-2021 Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) ("Boston Private"), a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits, today announced that based on proxies submitted to the independent inspector of election for the special meeting of shareholders held today, preliminary voting results indicate that Boston Private shareholders have approved each of the proposals presented at the special meeting, including the company's merger agreement (the "Merger Agreement") with SVB Financial Group (NASDAQ:SIVB) ("SVB Financial"), pursuant to which Boston Private will merge with

SANTA CLARA, Calif., April 30, 2021 /PRNewswire/ -- SVB Financial Group ("SVB") (NASDAQ:SIVB) remains fully committed to the merger with Boston Private Financial Holdings, Inc. ("Boston Private") (NASDAQ:BPFH) and looks forward to completing the transaction. However, in response to HoldCo Asset Management's letter, SVB is reiterating that under no circumstance will it increase the purchase price, including if the deal is not approved by Boston Private's shareholders. About SVB Financial GroupFor more than 35 years, SVB Financial Group (NASDAQ:SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group's businesses, inclu

Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) ("Boston Private"), a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits, reminds shareholders that the previously adjourned special meeting of shareholders to vote on the proposed transaction with SVB Financial Group ("SVB Financial") will reconvene at 9:00 a.m. Eastern time on May 4, 2021. The Boston Private Board believes that the SVB Financial transaction is a financially and strategically compelling opportunity and is the clear value-maximizing alternative for Boston Private shareholders. SVB Financial has confirmed publicly, and today reiterated to Bosto

 Proposes "Best and Final" Compromise that HoldCo Believes is Fair for Both SVB and BPFH Shareholders Proposal is Based Precisely on What SVB Appeared To Offer In Early September HoldCo Asset Management, LP and its managed funds (collectively, "HoldCo"), which own 4,049,816 shares of common stock of Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) ("Boston Private," "BPFH," or the "Company"), representing approximately 4.9% of the Company's outstanding shares, today issued the following public letter to Greg Becker, President and CEO of SVB Financial Group ("SVB") in connection with its proposed merger (the "Merger") with BPFH. Mr. Becker: We are writing this letter to you in the h

Affirms HoldCo's View that the Merger Grossly Undervalues BPFH Adjournment Reflects Yet Another Shameless Attempt by BPFH to Utilize Corporate Machinery to Force the Merger on Shareholders Additional Materials Available at www.BPValue.com HoldCo Asset Management, LP and its managed funds (collectively, "HoldCo"), which own 4,049,816 shares of common stock of Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) ("Boston Private," "BPFH," or the "Company"), representing approximately 4.9% of the Company's outstanding shares, today issued the following statement on BPFH's manipulative tactics to delay the shareholder vote tally at the Company's special meeting of shareholders (the "Special

SANTA CLARA, Calif., April 27, 2021 /PRNewswire/ -- On April 27, 2021 Boston Private Financial Holdings, Inc. ("Boston Private") (NASDAQ:BPFH) adjourned its special meeting of shareholders until May 4, 2021 to solicit additional votes in support of the merger between Boston Private and SVB Financial Group ("SVB") (NASDAQ:SIVB). To provide clarity to Boston Private shareholders, SVB is confirming it will not increase the purchase price if Boston Private shareholders do not approve the transaction at the adjourned meeting.  About SVB Financial Group For more than 35 years, SVB F