Silicon Valley Bank & First Republic: Crisis Meets Opportunity

In the $30 billion rescue attempt of First Republic on Friday, Too Big To Fail Banks led by J.P. Morgan Chase, Citi, and Bank of America
BAC
finally stepped up to help stave off a crisis. Days earlier, in the stunning government seizure of Silicon Valley Bank and crypto lender Signature Bank
SBNY
, the Fed, FDIC, and Treasury were the stars.

But a separate cast of unsung heroes also was at work, and…