[lobstersammich]

Yes, SVB Securities is a separate entity from SVB, the bank. See this press release from PRNewswire: https://www.prnewswire.com/news-releases/svb-securities-cont...

SVB Securities LLC recently - at the beginning of last month - changed its name from SVB Leerink LLC to SVB Securities LLC: https://www.svb.com/de/news/company-news/svb-leerink-llc-ann...

The Wikipedia page states that SVB Securities' leadership plans to buy back the company from its parent org, SVB (the bank): https://en.wikipedia.org/wiki/SVB_Securities

It's sloppy reporting in this article that the reporter mixes up SVB, the bank, with SVB Securities; Joe Gentile is the CAO (Chief Administrative Officer) of SVB Securities / Leerink: - https://www.svbsecurities.com/team/joseph-gentile/ - https://news.yahoo.com/silicon-valley-bank-exec-lehman-00055...

Note that 'Yahoo! News' - f/k/a the Verizon Media Group - was bought by Apollo Capital Management a few years ago, so perhaps Apollo is short SVB and that's why 'Yahoo! News' is amplifying this narrative about the CAO having worked at Lehman until 2007; recall that Lehman imploding in 2008 is largely seen as one of the catalysts for the 2008 Global Financial Crisis.