First Republic Bank

Bank of Marin Bancorp Announces Executive Leadership Changes

Retrieved on: 
Mercredi, août 2, 2023
Banking, Asset Management, Professional Services, Finance, Pacific Northwest, Head, Marketing, Commercial bank, Project management, Sloan, Growth, First Republic Bank, Cordell Bank National Marine Sanctuary, Management

Bank of Marin Bancorp (Nasdaq: BMRC) and its wholly owned subsidiary, Bank of Marin, announce executive leadership changes including the appointment of David Bloom as Head of Commercial Banking and Nikki Sloan as the Head of Growth & Strategy, a newly created role at the Bank.

Key Points: 
  • Bank of Marin Bancorp (Nasdaq: BMRC) and its wholly owned subsidiary, Bank of Marin, announce executive leadership changes including the appointment of David Bloom as Head of Commercial Banking and Nikki Sloan as the Head of Growth & Strategy, a newly created role at the Bank.
  • This executive leadership restructuring will help propel growth in our Commercial Banking segment, while placing intentional focus on the execution of our strategic objectives to position the Bank for the future,” said Tim Myers, President and CEO.
  • He previously served as senior managing director of business banking in northern California and the Pacific Northwest at First Republic Bank.
  • Before joining Bank of Marin, Sloan served as a commercial banking leader and chief operating officer of commercial credit in San Francisco.

1st Century Bank Welcomes Two Seasoned Banking Professionals from First Republic Bank to the Team

Retrieved on: 
Lundi, juillet 31, 2023
Century Bank, Bank, SVP, First Republic Bank, Senior, MidFirst Bank, Rogge, Veteran, Cryptocurrency

LOS ANGELES, July 31, 2023 /PRNewswire/ -- 1st Century Bank, a division of MidFirst Bank, the largest privately owned bank in the nation, today announced two banking veterans, Lyndsey Hudgins and Josh Rogge, have joined its team from the former First Republic Bank.

Key Points: 
  • LOS ANGELES, July 31, 2023 /PRNewswire/ -- 1st Century Bank, a division of MidFirst Bank, the largest privately owned bank in the nation, today announced two banking veterans, Lyndsey Hudgins and Josh Rogge, have joined its team from the former First Republic Bank.
  • "Lyndsey and Josh are a wonderful addition to our team," said Jason DiNapoli, CEO and President of 1st Century Bank.
  • "We are pleased to welcome them to 1st Century Bank.
  • Rogge joins 1st Century Bank as SVP, Senior Managing Director, Regional Manager, and brings nearly 25 years of financial and banking experience to the team.

Joseph W. Harpster Joins Peapack Private as SVP, Senior Credit Officer

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Mercredi, juillet 26, 2023
Federal Reserve Bank, HSBC Bank, Essays in Economic & Business History, Senior, Republic New York, History, MBA, PGC, HSBC Bank USA, Lafayette College, First Republic Bank, Management, Bank, Economics

BEDMINSTER, NJ, July 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Joseph “Joe” Harpster has been named Senior Vice President and Senior Credit Officer at Peapack Private, a division of Peapack-Gladstone Bank.

Key Points: 
  • BEDMINSTER, NJ, July 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Joseph “Joe” Harpster has been named Senior Vice President and Senior Credit Officer at Peapack Private, a division of Peapack-Gladstone Bank.
  • A veteran private banking professional, Joe joins Peapack Private from First Republic Bank, New York, NY, where since 2011, he served as Vice President, Senior Credit Officer, responsible for approving middle market, commercial and residential mortgage loans, and was a member of the bank’s Executive Loan Committee.
  • Joe has held similar executive and senior level roles at HSBC Bank USA, and Republic National Bank, both in New York.
  • Joe joins a team of private banking professionals recently hired by Peapack Private to develop and grow its presence in Manhattan and introduce its unique brand of banking and client service into the marketplace.

Citizens Names Susan deTray as Head of Citizens Private Bank

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Lundi, juillet 24, 2023
Banking, Other Professional Services, Professional Services, Finance, Columbia University, JPMorgan Chase, GMP, Senior, Leo DeTray, CFG, Head, BNY Mellon, Bank of America Private Bank, Retail banking, Multimedia, Barnard College, Promontory Financial Group, Farm Credit Administration, Commercial bank, Citizens Financial Group, Wealth management, Bank, Harvard Business School, Public sector banks in India, Growth, Wells Fargo, First Republic Bank, NYSE, Economics, Tutoring, Citizenship

Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Susan deTray as Head of Citizens Private Bank.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Susan deTray as Head of Citizens Private Bank.
  • The Citizens Private Bank has multiple teams in Boston, New York, Palm Beach, Fla. and San Francisco.
  • She will report directly to Brendan Coughlin, Vice Chairman and Head of Consumer Banking.
  • View the full release here: https://www.businesswire.com/news/home/20230724527960/en/
    Citizens Financial Group today announced the appointment of Susan deTray as Head of Citizens Private Bank.

FLAGSTAR BANK, N.A. EXPANDS PRIVATE BANKING BUSINESS WITH THE ADDITION OF SIX TEAMS FORMERLY WITH FIRST REPUBLIC BANK

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Jeudi, juillet 20, 2023
San Francisco, Senior, Culture, First Republic, Greater Community Bancorp, Affiliated Managers Group, Senior management, Silicon, New York Community Bank, City, Commercial, Bank, NYCB, Private banking, First Republic Bank, Flagstar Bank, NYSE, Financial services, Management

(the "Bank"), the bank subsidiary of New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that six private client banking teams have joined the Bank from the former First Republic Bank.

Key Points: 
  • (the "Bank"), the bank subsidiary of New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that six private client banking teams have joined the Bank from the former First Republic Bank.
  • Commenting on the new teams, President and Chief Executive Officer Thomas R. Cangemi stated, "We are extremely pleased to welcome these new private banking teams to the organization.
  • Eric Howell, Senior Executive Vice President and President of Commercial and Private Banking added, "These new teams blend perfectly with our legacy private client teams.
  • Michael spent his entire 21-year banking career at First Republic Bank, where he was most recently Senior Managing Director.

Preferred Bank Reports Quarterly Earnings

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Mercredi, juillet 19, 2023
Tax, ASC, Letter, LC, Silicon Valley Bank, ETR, FDIC, Sale, Movement, Silicon, Financial instrument, Disposable household and per capita income, SBA, Growth, History of Federal Open Market Committee actions, Federal Open Market Committee, Signature Bank, First Republic Bank, Environment, FOMC, Total, FASB, Video game, Bank, Security (finance)

LOS ANGELES, July 19, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2023.

Key Points: 
  • LOS ANGELES, July 19, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2023.
  • Preferred Bank (“the Bank”) reported net income of $37.9 million or $2.61 per diluted share for the second quarter of 2023.
  • The challenging operating environment created by the failures of Silicon Valley Bank, Signature Bank (“SBNY”) and First Republic Bank as well as the continued interest rate hikes by the Federal Open Market Committee (“FOMC”) continue to make deposit growth challenging.
  • These programs have allowed the Bank to bring back some of the depositor balances that left the Bank in the aftermath of the bank failures in March of 2023.

Christopher Tomai Joins Peapack Private

Retrieved on: 
Mercredi, juillet 19, 2023
Tufts University, Senior, Account executive, First Republic, Game theory, Associate, PGC, Organization, Quantitative Economics, First Republic Bank, Bank

BEDMINSTER, NJ, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Christopher Tomai has joined Peapack Private, a division of Peapack-Gladstone Bank, as Senior Managing Director and Senior Relationship Manager.

Key Points: 
  • BEDMINSTER, NJ, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Christopher Tomai has joined Peapack Private, a division of Peapack-Gladstone Bank, as Senior Managing Director and Senior Relationship Manager.
  • He is part of a team of private banking professionals being assembled to support Peapack Private as it expands its business into New York City.
  • Christopher, an experienced financial services professional, joins Peapack Private after 18 years with First Republic Bank, New York, NY, where he served most recently as a Managing Director, responsible for sourcing, servicing, and establishing deep-rooted, comprehensive relationships with high-net-worth individuals, businesses, and not-for-profit organizations and where he originated over $850 million in loans with no losses.
  • With Peapack Private, Christopher will be responsible for identifying, customizing, and implementing private banking strategies for his clients, including personal and business banking, lending, and wealth management solutions.

Kelly Johnston returns to Mechanics Bank to lead Wealth Management unit

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Mercredi, juillet 19, 2023
Banking, Professional Services, Asset Management, Human, Financial adviser, CWS, Texas A&M University, Wealth management, Trust, MBA, Multimedia, MCHB, Business administration, CTFA, Mechanics Bank, First Republic Bank, Mechanics, Management

Mechanics Bank (OTCEM:MCHB) has appointed Kelly Johnston as executive vice president and director of wealth management.

Key Points: 
  • Mechanics Bank (OTCEM:MCHB) has appointed Kelly Johnston as executive vice president and director of wealth management.
  • Before returning to Mechanics Bank, Johnston held leadership roles for nine years at First Republic Bank, where she most recently was president of First Republic Trust Company and executive vice president of Private Wealth Management.
  • She began her career at Mechanics Bank in December 2008, overseeing numerous wealth management and trust services for approximately 14 years.
  • “Kelly’s accomplished career began at Mechanics Bank and it is wonderful to welcome her back,” said Tony Kallingal, Chief Banking Officer for Mechanics Bank.

NYU Stern Faculty Publish New Book: SVB and Beyond: The Banking Stress of 2023

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Lundi, juillet 17, 2023
Finance, Banking, Professional Services, University, Education, New York University Stern School of Business, Instability, Policy, Silicon Valley Bank, Business, Risk management, 2016 European Union bank stress test, History, SVB, Faculty, Diagnosis, Signature Bank, First Republic Bank, Bank, Economics

The NYU Stern School of Business released a new book today, SVB and Beyond: The Banking Stress of 2023 , authored by 10 leading economics and finance scholars from NYU Stern, and including contributions from external collaborators.

Key Points: 
  • The NYU Stern School of Business released a new book today, SVB and Beyond: The Banking Stress of 2023 , authored by 10 leading economics and finance scholars from NYU Stern, and including contributions from external collaborators.
  • They also make recommendations to strengthen the banking system and to safeguard financial stability going forward.
  • Key takeaways from the book include:
    The history of banking crises is rife with risk management, policy, and cognitive failures.
  • Extraordinary failures of bank risk management are the ultimate source of the banking stresses of 2023.

Peapack-Gladstone Financial Corporation Announces Expansion Into New York City

Retrieved on: 
Jeudi, juillet 13, 2023
Science, University, Senior, Ronald McDonald House New York, Wharton School of the University of Pennsylvania, Memorial Sloan Kettering Cancer Center, McDonald House, University of Pennsylvania, Providence College, PGC, Chase Bank, Business administration, Ronald "Ron" Oliveira, Hospital, Citibank, First Republic Bank, Management

BEDMINSTER, NJ, July 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – New Jersey holding company, Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), Peapack-Gladstone Bank and Peapack Private, announce expansion plans with the official filing of an application to open a location in New York City.

Key Points: 
  • BEDMINSTER, NJ, July 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – New Jersey holding company, Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), Peapack-Gladstone Bank and Peapack Private, announce expansion plans with the official filing of an application to open a location in New York City.
  • “With the recent changes to the New York City banking landscape, we believe our brand of private banking will be well received by the market,” said Doug Kennedy, President and Chief Executive Officer.
  • “As a well-known New Jersey-based boutique financial institution, I expect the expansion for Peapack Private into NY will be well received.
  • She is a volunteer at Memorial Sloan Kettering Hospital and a former volunteer at The Ronald McDonald House, both in New York.