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In 2009, the company acquired the assets of San-Francisco-based United Commercial Bank (UCB), via a transaction facilitated by the Federal Deposit Insurance Corporation. This expanded East West Bank's reach by 63 branches, including 17 in Southern California, and branches in the Chinese American communities of Houston, Boston, and Atlanta, as ...
United Commercial Bank was closed by regulators on November 6, 2009; it was the 120th U.S. bank to fail in 2009, and it had $11.2 billion in assets at the time of the bank failure. [1] East West Bank of Pasadena, California , acquired all the deposits of UCBH.
United Commercial Bank – acquired by East West Bank; URS Corporation – San Francisco – acquired by AECOM; Victoria's Secret – started in Palo Alto, now headquartered in Reynoldsburg, Ohio; Virgin America – Burlingame – acquired by Alaska Airlines; X Corp. – moved to Bastrop, TX; Yahoo! (353) – Sunnyvale- acquired by Verizon Media
San Francisco, California: $31 $9.54 SOFI 69 First National of Nebraska: Omaha, Nebraska: $31 $3.13 OTC Pink: FINN 70 Commerce Bancshares: Kansas City, Missouri: $30 $6.97 CBSH 71 First Interstate BancSystem: Billings, Montana: $30 $3.2 FIBK 72 WaFd Bank: Seattle, Washington: $30 $2.12 WAFD 73 United Bank (West Virginia) Charleston, West ...
American Express Co. early receipts (1853, 1869) Stagecoach with Christmas gifts Wells Fargo Bank San Francisco Wells Fargo & Co. Express building circa 1860, Stockton, California Mud wagon — Wells Fargo U.S. Mail service Wells Fargo & Co. $2 stamp and 10 cents stamped envelope with Pony Express cancellation, carried from San Francisco to New York City in 12 days, during June 1861.
East West Bancorp is the parent company of East West Bank. It is a publicly owned company with nearly $70 billion in assets as of December 31st 2023. [1] The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023. [2] East West earned the top spot in S&P Global Market Intelligence's 2022 ...
Dominic Ng. Dominic Ng is an American banker. He has served as CEO of Los Angeles–based East West Bank since 1992, and chairman and CEO since 1998, transforming East West from a savings and loan association into an international banking company. In 2023, Ng served as chair of the Asia-Pacific Economic Cooperation Business Advisory Council.
Cathay Bank (traditional Chinese: 國泰銀行; simplified Chinese: 国泰银行; pinyin: Guótài Yínháng) is a Chinese American bank founded in 1962. Cathay is headquartered in Chinatown, Los Angeles, with a corporate center in nearby El Monte, California. It has branches in California, Massachusetts, New York, Texas, Washington, Illinois ...