First Republic Bank Expands Presence in Downtown Los Angeles

First Republic Bank, June 6, 2012

Senior Banker Jim Denver Joins First Republic To Lead L.A. Business Banking Team

First Republic Bank, a leading private bank and wealth management company, today announced the opening of a new office in downtown Los Angeles.

First Republic’s office at 888 South Figueroa Street will offer a full range of private banking, private business banking and wealth management services. First Republic will move its existing downtown Los Angeles operations on West 7th Street to the new location.

As part of its expansion in downtown Los Angeles, First Republic announced that Jim Denver, a business banker with more than 25 years of experience, was named Managing Director and Business Banker. Denver will lead First Republic’s business banking initiatives serving the downtown Los Angeles business community.

First Republic serves a wide range of professional services firms, including venture capital, private equity, law firms, medical practices, as well as nonprofit organizations. In Los Angeles, First Republic also works closely with the entertainment industry.

First Republic’s business banking team offers lending and deposit solutions, cash management, wealth management, 401(k) plans, foreign exchange, online banking, and business escrow.

Prior to joining First Republic, Denver was Senior Vice President and Regional Manager of California Bank & Trust in Los Angeles. Prior to that, Denver worked for Citibank and First Interstate Bank. He has a Bachelor of Arts degree in Political Science from Loyola Marymount University in Los Angeles.

In the Los Angeles basin, First Republic also has offices in Beverly Hills, Brentwood, Century City, Santa Monica, and Studio City.

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 a component of the S&P Total Market Index, the Wilshire 5000 Total Market IndexSM, the Russell 1000®, Russell 3000® and Russell Global indices and six Dow Jones indices.

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 are offered by First Republic Securities Company, LLC - Member FINRA/SIPC. First Republic Securities Company and First Republic Investment Management are wholly owned subsidiaries of First Republic Bank. Unless otherwise disclosed, investments through First Republic Investment Management and First Republic Securities Company, LLC are not FDIC-insured, not bank guaranteed and may lose value.