First Republic Bank at Barclays Global Financial Services Conference Transcript

Sep 12, 2022 / 04:00PM GMT
Jason Goldberg - Barclays - Analyst

Next up, very pleased to have First Republic with us. From the company, Mike Roffler, our CEO as of the start of the year; and Olga Tsokova, acting CFO and CAO, Chief Accounting Officer.

Before I begin, maybe the first couple of ARS questions we'll throw up there. Just what's your current position in First Republic (inaudible). So far, I think this is the most overweight long (inaudible) event still 44% of people on the sidelines.

Questions and Answers:

Jason Goldberg - Barclays - Analyst

So I'll go to the next question to see what people are interested in hearing about. If you don't own the shares of First Republic, what's the biggest reason?

Interesting. So after valuation, it's on recent management changes. So Mike, let's start there. Obviously, a busy year for First Republic CEO. At the start of the year, we recently announced the hiring of a new CFO, a couple of weeks ago, the new COO.

Maybe talk to kind of where the leadership stands today, where team stands today? What's changed, what
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