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First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Greg Zappas, a senior wealth manager, has joined First Republic in Newport Beach. Zappas was named Managing Director and Wealth Manager and will provide investment management, ret...
Orgeon’s Umpqua Holdings ( UMPQ ) has generally been well-liked by investors, which has often meant a less-appealing valuation compared to many peers. Between that popularity, a less asset-sensitive balance sheet than many peers, and general optimism on the company’s efficiency...
As an exceptionally asset-sensitive bank with a fast-growing Southern California lending business, the past couple of years have been particularly strong for Preferred Bank ( PFBC ). Prepayments and intense lending competition remain notable headwinds, and the rate cycle isn’t going t...
As was the case for most banks, 2018 wasn’t an easy year for Signature Bank ( SBNY ), but this New York/private banking-focused specialty bank is going into 2019 with better momentum and a cleaner, more interesting business mix. It also certainly doesn’t hurt that this liabilit...
Gradifi today announced that it successfully completed an audit established by American Institute of Certified Public Accountants (AICPA) to certify its SOC2 Type II compliance for its student loan and college savings benefit platform for U.S. employers. Gradifi’s SOC2 Type II a...
First Republic Bank ( FRC -1.2% ) has priced public offering of 2M common shares for expected gross proceeds of ~$204M. More news on: First Republic Bank, Financial stocks news, Read more ...
First Republic Bank (“First Republic”) (NYSE: FRC), a leading private bank and wealth management company, today announced the pricing of an underwritten public offering of 2,000,000 shares of its common stock for expected gross proceeds of approximately $204 million before unde...
First Republic Bank (NYSE: FRC ) agrees to sell 2M common stock shares in an underwritten public offering. More news on: First Republic Bank, Read more ...
First Republic Bank (“First Republic”) (NYSE: FRC), a leading private bank and wealth management company, today announced that it has agreed to sell 2,000,000 shares of its common stock in an underwritten public offering. First Republic has also granted the underwriters a 30-da...
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2023-05-08 08:18:37 ET Regional bank stocks continued surging on Monday as the recent concerns about the industry faded. The SPDR S&P Regional Banking ETF (KRE) stock jumped by more than 2% in the pre-market after it rose by over 6% on Friday. PacWest stock price leads gains ...
2023-05-03 11:42:47 ET Recently, JPMorgan Chase (NYSE: JPM) acquired most of the assets and certain liabilities from First Republic (NYSE: FRC) , which was seized by state regulators and placed into receivership under the Federal Deposit Insurance Corp. (FDIC). There wer...
2023-05-02 16:58:38 ET Bank stocks got creamed today, as concerns over the banking crisis did not alleviate after JPMorgan Chase (NYSE: JPM) acquired most of the assets of First Republic (NYSE: FRC) , which regulators seized yesterday. Shares of Bank of America (NY...