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Advisor Who Joined First Republic in March Returns to Morgan Stanley

J.P. Garofalo and his team left Morgan Stanley in early March for First Republic. Now, he's returned to the wirehouse.

Alexander kadishMike rofflerNicholas daveyGarofalo brokercheckFirst republic bankSilicon valley bankMorgan stanleyLos angeles basedFirst republic investment managementFirst republicSilicon valleyPresident mike roffler

First Republic Retains Nearly 90% of Wealth Advisors

Despite some high-profile departures, the bank says the exiting teams accounted for less than 20% of total wealth management assets.

United statesPaul tramontanoJon goldsteinMike rofflerFirst republic bankMorgan stanleyFirst republicPresident mike rofflerCresset asset managementFinancial advisor

RBC Adds Two More First Republic Advisors With $555M In Assets

Two more First Republic advisors with $555 million in combined client assets will join RBC Wealth Management, according to the firm.

United statesNewport beachSan franciscoTheresa allenTodd halbrookMike rofflerBrian addingtonMorgan stanleyUnionbanc investment servicesMerrill lynchSilicon valley bankAdam macdonald management groupWells fargoFirst republicSilicon valleyLike allen

First Republic Bank Shares Crash 60 Percent as Financial Stability Jitters Spread

Shares of First Republic Bank plunged more than 60 percent in premarket trading on March 13, despite the lender .

New yorkUnited statesJerome powellJanet yellenSanta claraJim herbertMike rofflerJustin sullivan gettyMartin gruenbergSilicon valley bankSignature bankFederal reserve bankBank term funding programCentral bankSilicon valley bank onJpmorgan chase co

First Republic co-CEO resigns in latest succession twist

Hafize Gaye Erkan stepped down just weeks after the bank's founder, chairman and co-chief executive, James Herbert, announced a medical leave of absence. The San Francisco company named an interim CEO and said it will conduct a search for Herbert’s successor.

San franciscoUnited statesOlga tsokovaLos angelesMike rofflerDavid paul morris bloombergHafize gaye erkanJames herbertFirst republic bankCity national bankGoldman sachsFirst republicPresident mike rofflerKorn ferryGaye erkanCommercial banking

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