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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.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
