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The San Francisco bank said the amount of loans that could go into forbearance so far represents a small percentage of its total portfolio.April 14
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Edit LicenseFirst Republic Bank has been understandably mum about who might replace founder and Chief Executive James Herbert when he retires in two years, but Hafize Gaye Erkan, its 39-year-old president, is considered a leading candidate.September 22
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For First Republic Bank in San Francisco, “the pain index is likely somewhere between excruciating and traumatic,” says one expert. But few realize how much the bank got for its money.June 6
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The San Francisco bank has roughly doubled its assets in the last five years without the benefit of an acquisition.April 12
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A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.March 12
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The company has appointed President Gaye Erkan to its board of directors, potentially positioning her to replace longtime CEO James Herbert when he eventually retires.February 14
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Student loan debt — now at $1.5 trillion in the U.S. — is arguably the greatest pain point for consumers in their 20s and 30s. To court that demographic, banks are increasingly offering help with refinancing and repayment.December 20
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Time and again, two former associates of President Trump deceived banks in connection with loan applications. Their wealth, proximity to power and willingness to tell big lies all appear to have helped them get away with brazen schemes.December 12
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Raises for the rank and file have fueled investor complaints that banks aren’t keeping a lid on expenses. Executives say the pay increases have lowered turnover and improved customer service.November 8
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Double-digit gains in interest and noninterest income more than offset higher deposit, compensation costs.October 12
