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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
1 Comment
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Greg Becker: Even if the market challenges are prolonged or get worse, it's important to note we have a high quality, very liquid balance sheet.
Keith Girard contributed to the editing of this article.

Silicon Valley Bank

James H

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.

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