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First Republic Bank, June 9, 2011

Basant Kedia Joins First Republic Bank
First Republic Bank

First Republic Continues To Expand On The Peninsula and Silicon Valley

First Republic Bank, a leading private bank and wealth management company, today announced that Basant Kedia has joined First Republic as Senior Relationship Manager in Palo Alto.

Kedia, who has 11 years of banking and venture capital experience, will work with individuals, families, businesses and foundations to provide banking, investment management, trust, brokerage and real estate lending services. Kedia is located at First Republic’s Palo Alto office at 2275 El Camino Real.

“Basant Kedia is an experienced private banker who has worked extensively with venture capital clients on the East and West Coasts,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Basant joins our growing team of bankers and investment professionals on the Peninsula and Silicon Valley who are committed to an exceptional level of client service.”

Kedia’s hiring follows the recent opening of First Republic’s second Menlo Park office on Sand Hill Road. The First Republic team on Sand Hill Road provides specialized services to venture capital and private equity firms, and works closely with the bank’s offices in San Francisco, Los Angeles, New York and Boston. First Republic has many long-standing relationships with venture capital and private equity firms in those offices.

Prior to joining First Republic, Kedia worked for HSBC Bank for six years, most recently as a Vice President in the South Asian Banking Group. Prior to that, he worked for the U.S. Small Business Administration (SBA) and the private equity firm, Growth Capital Partners. Kedia has a Bachelor of Commerce degree from University of Mumbai, College of Commerce & Economics. He also has a Master of Commerce degree from University of Mumbai and an MBA from Baruch College, Zicklin School of Business.

ABOUT FIRST REPUBLIC BANK

First Republic Bank (NYSE:FRC) and its subsidiaries provide private banking, private business banking and private wealth management. Founded in 1985, First Republic specializes in exceptional, relationship-based service offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City. First Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. First Republic is included in the S&P Total Market Index and Wilshire 5000 Total Market IndexSM. More information is available on the Bank’s website at www.firstrepublic.com.

ABOUT FIRST REPUBLIC PRIVATE WEALTH MANAGEMENT

First Republic Private Wealth Management is the investment management, trust and brokerage group of First Republic Bank. First Republic Private Wealth Management offers objective advice and fully customized solutions with the same level of exceptional client service that has been the hallmark of First Republic Bank for more than 25 years. First Republic has the flexibility to provide individuals, families, businesses, endowments, schools and non-profit organizations with appropriate choices that responsibly meet a client’s specific investment objectives. Securities Products and Services offered by First Republic Securities Company, Member FINRA/SIPC.


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