Los Angeles–based wealth management firm Lido Advisors has hired a five-person team that managed $1 billion in client assets at First Republic, the latest defections from the beleaguered bank.

Lido announced that the team of Pete Morimoto, Roy Elliott and Jon Jewitt have joined the Los Angeles-based Lido from First Republic, the troubled San Francisco-based bank that was seized by ...

Customers of First Republic Bank, including its 10 locations in Los Angeles and Orange counties, awoke Monday to find themselves customers of JPMorgan Chase Bank, with regulators seizing First ...

Biden is the first sitting president to drop out of running for reelection since Lyndon B. Johnson in 1968 — leaving the race against Donald Trump in turmoil. The Los Angeles County Department ...

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Just days ago, First Republic Bank boasted of another coup for its wealth-management business: poaching a six-person team from Morgan Stanley in Los Angeles. That followed hiring sprees targeting ...

First Republic Bank’s recruiting spree is paying ... $1.2 billion in assets for ultra-wealthy clients in Los Angeles. The six-person team is led by advisors Alexander H. Kadish, Nicholas Davey ...

A First Republic Bank branch in Los Angeles on March 10. (Eric Thayer/Bloomberg) The U.S. bank turmoil is not over. First Republic just became the third major bank to fail this year, requiring a ...

The seeds of First Republic Bank ... As the bank’s executives sped through a 12-minute conference call and refused to take questions, Orszag and his team — still pitching hard — were ...

The regional bank received ... Since then, First Republic has focused on expanding by setting up branches in the poshest parts of New York, Boston, San Francisco and Los Angeles and in places ...