FRC Description — First Republic Bank (San Francisco, CA)
First Republic Bank is a commercial bank and trust company. Co. provides private banking, private business banking and private wealth management, including investment, trust and brokerage services. Co. conducts its business through two segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment include gathering deposits, originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of Co.'s subsidiary, First Republic Investment Management, Inc., which manages investments for individuals and institutions.