Silicon Valley Bank's demise means $15.8 billion Boston Private is firesale kindling, and maybe at a sweet price
The Santa Clara, Calif., bank bought the RIA cluster for $1B when it had cash to burn two years ago; now it's burning down and needs cash
Author Brooke Southall March 11, 2023 at 2:05 AM
Keith Girard contributed to the editing of this article.
![James H](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3D5d27778660fff8c2a0aaa7381c1c1008%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
James H
March 13, 2023 — 3:17 AM
Brooke, there is an SPS connection here…My father (class of 53) started Boston Private Bank with 2 colleagues from Citi in the late 80s.