First Republic

Blue Marlin Partners handles PR for San Francisco’s First Republic Bank, which has been caught up in the market turmoil surrounding the bailouts of Silicon Valley Bank and Signature Bank.

Despite First Republic’s March 12 announcement that it bolstered its financial strength though access to additional liquidity from the Federal Reserve and JPMorgan Chase, its stock price closed down 62 percent to $32.21 on March 13.

First Republic founder Jim Herbert and CEO and Mike Roffler said the bank “continues to fund loans, process transactions and fully serve the needs of clients by delivering exceptional services.”

With assets of $213B, First Republic operates “preferred banking” or “wealth management” offices in Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland (OR), Bellevue (WA), Jackson (WY), Boston, Greenwich, New York and Palm Beach.

Blue Marlin Partners CEO/founder Greg Berardi handles First Republic.