First Republic, it's a privilege to serve you
First Republic announced financial results for the second quarter of 2021.
First Republic announced that its Board of Directors has extended the contract of its Founder, Chairman and CEO Jim Herbert through December 31, 2022. The Board has also entered into a contract with Hafize Gaye Erkan as Co-CEO, sharing Chief Executive responsibilities with and reporting to Mr. Herbert.
First Republic Bank announced it has raised its minimum wage for all employees to $30 per hour.