First Republic Bank history, company profile (overview) and corporate video
First Republic Bank is a full-service bank and wealth management company, headquartered in San Francisco, California, United States. It offers personal banking, business banking, and private wealth management.
HISTORY
First Republic Bank was founded in 1985 by Jim Herbert.
In 1986, First Republic went public on the NASDAQ Stock Exchange.
In 1992, First Republic was listed on the New York Stock Exchange (NYSE).
In 1994, First Republic acquired Silver State Thrift & Loan and converted it to First Republic Savings Bank.
In 2003, the company acquired the money management firm Starbuck, Tisdale & Associates.
In 2006, First Republic merged with Bank of Walnut Creek.
In 2007, First Republic was acquired by Merrill Lynch.
In 2009, First Republic became part of Bank of America, after Merrill Lynch and its subsidiaries were acquired by Bank of America.
In 2015, First Republic acquired Constellation Wealth Partners.
In 2020, First Republic Trust Company of Wyoming was formed.
SUBSIDIARIES
- First Republic Investment Management, Inc;
- First Republic Securities Company, LLC;
- First Republic Trust Company;
- First Republic Trust Company of Delaware LLC;
- First Republic Trust Company of Wyoming LLC.
With more than 5,000 employees and over 80 offices, First Republic Bank is considered one of the largest banks in the U.S. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and www.firstrepublic.com.
**Video published on YouTube by “First Republic“
