December 12, 2016 / 2:08 PM / 9 months ago

BRIEF-First Republic Bank buys Gradifi

Dec 12 (Reuters) - First Republic Bank

* Terms of transaction have not been disclosed

* Transaction was funded by First Republic Bank with cash on hand.

* Impact from deal to earnings or capital is currently not material, and further terms of transaction have not been disclosed

* First Republic Bank acquires Gradifi Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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