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BOSTON — John Goldsmith, a partner with the Boston-based
banking and advisory firm The Roseview Group, has been appointed
to the board of directors of the Federal Home Loan Bank of
Boston (the Bank). Mr. Goldsmith will fill the remainder
of a three-year term that began on January 1, 2007.
Mr. Goldsmith has more than 30 years of management and mergers
and acquisitions experience. He previously served as chairman
and chief executive officer of Tucker Anthony Sutro, a 2500-
person financial services firm with annual revenues of $800
million. In 1996, in concert with the Thomas H. Lee Company,
Mr. Goldsmith led the leveraged buyout of Tucker Anthony
Sutro from John Hancock. He spearheaded the sale of Tucker
Anthony Sutro to the Royal Bank of Canada in 2001. Prior
to Tucker Anthony Sutro, he served as chairman and chief
executive officer of Prescott, Ball and Turbin, a Cleveland-based
regional financial services firm.
Mr. Goldsmith is a graduate of the University of Pennsylvania.
Mr. Goldsmith was one of six individuals named to appointed
director vacancies on the Bank’s board of directors by
the Federal Housing Finance Board, regulator of the Federal
Home Loan Banks. He was selected from a slate of candidates
submitted by the Bank’s board of directors.
The Federal Home Loan Bank of Boston
is a cooperatively owned wholesale bank for the six New England
states. Its mission is to support the residential-mortgage
and community-development lending activities of its members,
which include over 460 financial institutions across New
England. To accomplish its mission, the Bank utilizes private-sector
capital to provide members and other qualified customers
with reliable access to low-cost wholesale funds, liquidity,
a competitive outlet for the sale of loans, special lending
programs, technical assistance, and other products and services.
For more information, see the Bank's backgrounder.
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