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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 ...
East West Bank: Pasadena, California: $70 $10.14 EWBC 45 CIBC Bank USA: Chicago, Illinois: $69 – $42.22 CM 46 BNP Paribas: New York City: $64 9.6 $79.48 BNPQY 47 John Deere Reno, Nevada: $61 $4.34 48 Valley Bank: Wayne, New Jersey: $61 $5.51 VLY 49 Synovus: Columbus, Georgia: $59 $5.51 SNV 50 Wintrust Financial: Rosemont, Illinois: $57 $5.68 ...
In April 2022, Citizens Bank completed the acquisition of 80 branches from HSBC in New York City, New Jersey, Pennsylvania, Washington, D.C., Maryland, Virginia, and Florida. [16] HSBC's 10 West Coast branches are expected to be sold to Cathay Bank. 35-40 branches are expected to be closed entirely rather than be sold to another bank.
In addition to Southeast Asia, the second location where most overseas Chinese banks are is the United States.However, unlike Southeast Asia where Chinese play dominant roles in the local economy, the Chinese Americans’ share of the highly developed American economy is small and most overseas Chinese banks in the United States are privately held.
The bank was established in 1865 in Hong Kong and opened branches in Shanghai in the same year. [1] It was first formally incorporated in 1866. [ 8 ] In 1991, the present parent legal entity, HSBC Holdings plc , was established in London and the historic Hong Kong–based bank from whose initials the group took its name became that entity's ...
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Chinatown is a neighborhood in Downtown Los Angeles, California, that became a commercial center for Chinese and other Asian businesses in Central Los Angeles in 1938. The area includes restaurants, shops, and art galleries, but also has a residential neighborhood with a low-income, aging population of about 7,800 residents.
California Public Banking Act. Cathay Bank. CBB Bank. Citizens Bank of Northern California. Citizens Business Bank. City National Bank (California) CommerceWest Bank. Community West Bancshares. Countrywide Financial.
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