The advisor RIA side of SVB resides on the Institutional platform. After taking over Boston Private and KLS (which are huge clients in their own right), I think SVB is either the largest or among the largest in Custody. Could lose a lot of assets and volume if that’s bought or transitioned to a different custodian. But not sure what happens to that piece of SVB.
7 replies (most recent on top)
everyone is for D&I, until it's their health or a loved one's health is at risk...and then they want the very best. Hypocritical at best
because I wish my heart surgeon checked all the boxes but is a lousy surgeon......said nobody ever. Get my point.
no bots....just common sense my friend.
Feels like the disinformation bots have taken over this site. Surely this can't be my intelligent Fido co-workers typing these thoughts.
bank failures are where DEI goes to die. Hiring on identity rather than merit is going to ki-l companies.
this is what happens when you hire people based off of checkmarks on an application as opposed to if they can really do the job. Apparently SVB was distracted with D&I initiatives as opposed to running a business. Hiring people based on what they look like as opposed to what they can do is getting companies into trouble.
Trying really hard to connect dots that aren’t there