First Republic Bank’s founder James Herbert, along with his son and brother-in-law, have secured multi-million dollar paydays in recent years, an investigation from The Wall Street Journal revealed Friday.
First Republic Bank’s founder James Herbert, along with his son and brother-in-law, have secured multi-million dollar paydays in recent years, an investigation fromrevealed Friday.
The investigation comes after the bank’s recent catastrophic stock crash, with shares dropping 70 percent last week. Herbert made $17.8 million in 2021, far more than CEOs at similarly-sized banks, according to theMeanwhile, his son made $3.5 million to oversee a lending unit, and his brother-in-law's consulting company made $2.3 million for advisory work, the
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Deutsche Bank, First Republic weigh on bank stocksDeutsche Bank credit default swaps jitters weigh on big U.S. banks; First Republic stock moves lower as investors await official word of second capital...
Leer más »
First Republic stock drops again as bank stocks trade mixedFirst Republic loses ground ranks as the most actively-traded NYSE bank stock while the sector trades mixed after heavy losses in the previous session
Leer más »
WSJ News Exclusive | First Republic Bank Founder Earned a Big Pay—as Did His Family MembersFirst Republic Bank paid family members of its founder, James Herbert, millions of dollars for work at the lender in recent years
Leer más »
Stocks making the biggest moves premarket: Coinbase, AMC, Chewy, First Republic and moreThese are the stocks posting the largest moves in premarket trading.
Leer más »
Here are Thursday's biggest analyst calls: Tesla, First Republic, Coinbase, Boeing, Pinterest & moreHere are Thursday's biggest calls on Wall Street.
Leer más »
First Republic's marginal gains keep stock close to record-low levelsShares of First Republic Bank rose 5% on Thursday as they drew the attention of bargain-hunting retail investors, but still hovered near record-low levels on lingering fears about the future of the U.S. regional lender.
Leer más »