Citizens Financial Group announced the national launch of Citizens Private Bank, a significant milestone in Citizens’ long-term strategy to accelerate growth in Wealth Management, improve capabilities in the high-net-worth segment and expand in key markets. Citizens Private Bank provides holistic, high-touch client service to high-net-worth.
It was the latest casualty in a beaten down real estate tech sector. Of course, at that time, it was a very different housing market. Interest rates were still relatively low and while markets were tight, people were still buying homes.
When Silicon Valley Bank imploded in March, Sam Heshmati wasn’t naive enough to think that First Republic Bank where he had worked for more than a Led by former First Republic managing director Sam Heshamati, Citizens Private bank aims to be the 'go to bank’ for the innovation sector.