Venture firm General Catalyst has hired 20 former staffers from First Republic Bank, one of the casualties of the 2023 regional banking crisis, to create a wealth-management business. Dave Breslin, ...

Cresset is adding two San Francisco-based teams totaling $5 billion in managed assets from J.P. Morgan Wealth Management. It’s the latest exit from the bank of former First Republic advisors. The ...

Clearstead Advisors, a Cleveland-based registered investment advisor with more than $47 billion under advisement, has tapped Robert “Bob” Thornton as executive chairman and chairman of the board.

Merrill trumpeted its biggest recruiting coup in years Friday with the announcement that it was drawing from JPMorgan a $3.5 billion team of former First Republic advisors. Processing Content Merrill, ...

A yearlong legal battle between JPMorgan Chase and a group of former First Republic Bank advisors is revealing that the dust has yet to settle in the wake of First Republic's ugly 2023 implosion. The ...

The former wealth head of First Republic Bank, one of the casualties of last year’s regional banking crisis, has entered into a partnership with Boston-based private equity firm Summit Partners as he ...

More than two years after the regional banking crisis that shuttered First Republic, one of the industry's largest custodians has completed the deconversion of its assets. They partially offset an ...

General Catalyst has launched a new wealth management business called GC Wealth. The firm has hired 20 former First Republic Bank staffers, including Dave Breslin, who previously headed the bank’s ...

JPMorgan Chase’s wealth management business lost four large financial advisor teams overseeing a total of approximately $13.5 billion in assets to three rivals, including Merrill Lynch.

Exactly one year ago, San Francisco-based First Republic Bank was sold by regulators amid a US regional banking crisis. Citizens Financial Group, which had seen the sale as a chance to turbocharge its ...

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