Boston Private Financial Holdings News

Gibraltar Private Bank & Trust has replaced its founder, Steven D. Hayworth, formerly chairman and chief executive, with Adolfo Henriques, who previously served as vice chairman, president, and chief operating officer.

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy.

Boston Private's investment people held off buying shares of Facebook last week, concerned about the fundamentals of the company and how it planned to earn revenue.

But some investors, including Boston Private Bank & Trust, are still on the fence, concerned with how the social network intends to pull in money.

Boston Private Financial Holdings is seeking a protective order to keep some of its records confidential in the bankruptcy of Ponzi schemer Scott Rothstein 's former law firm, Rothstein Rosenfeldt Adler.