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First Republic Bank in San Francisco has extended the contract of longtime Chairman and Chief Executive James Herbert for another two years.
December 3 -
First Republic Bank in San Francisco plans to raise up to $230 million from an offering of common stock.
November 11 -
BBCN Bancorp in Los Angeles has agreed to buy Wilshire Bancorp in Los Angeles.
December 7
First Republic Bank in San Francisco has promoted Mike Selfridge to the newly created role of chief banking officer.
Selfridge, who will continue to oversee private banking for Northern California and information technology, will now also be responsible for nationwide business banking at the $55 billion-asset bank.
Selfridge's promotion underlines the "close coordination of private and business banking activities," Jim Herbert, chairman and chief executive, said in a Monday news release.
The 48-year-old Selfridge joined First Republic in 2012 after 18 years running Silicon Valley Bank's U.S. regional banking division.