Goldman Sachs seems less likely. As Goldman was hired to handle SVB's unsuccessful hail-mary fundraise, it would be"the ultimate slap in the face," Coffey said. What's more, the storied investment bank has itsJPMorgan has the right track record, having bought out Washington Mutual and Bear Stearns. But Dahiya believes it's unlikely.
Kevin Heal, senior analyst at Argus Research, told Insider that barring government interference or a fire sale, it is unlikely for Goldman or JPM to take on SVB., banking nearly half of US venture capital-backed tech and life sciences companies. It grew to roughly $210 billion in assets by the end of last year. It was the 16th largest US bank by assets, according to Federal Reserve data, and had 17 branches in California and Massachusetts.
SVB Private, a wealth management business formed from the acquisition of Boston Private, had $17.3 billion in assets as of the end of last year. The client base and the fee revenue are compelling to firms looking to beef up their own wealth management businesses, he said.
This rag is a tool of the Intelligence Community. It is a fantastic source of what the intelligence community wants. who they want taken down and what is today's narrative.
Can this whole fiasco be linked to the German central banker that quit on Thursday, link being Peter thiel
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