East West Bancorp
In this article, we will explore the topic of East West Bancorp in depth, examining its meaning, impact and relevance in today's society. From its origins to its current evolution, we will immerse ourselves in a detailed analysis that will allow us to understand the importance of East West Bancorp in different areas of daily life. Through different perspectives and approaches, we will address its implications at both an individual and collective level, highlighting its influence in various sectors. Likewise, we will examine the role that East West Bancorp plays in the current context, providing a comprehensive vision that will allow the reader to understand its importance and impact in the contemporary world.
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
|
| Company type | Public |
|---|---|
| Nasdaq: EWBC S&P 400 Component | |
| Founded | August 26, 1998 |
| Subsidiaries | East West Bank |
| Website | eastwestbank |
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. The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023. East West earned the top spot in S&P Global Market Intelligence's 2022 Ranking of U.S. Public Banks by Financial Performance.
Operations
East West has more than 120 locations in the United States and Asia. It provides both retail and commercial banking.
History
In 1973, the East West Federal Bank (now East West Bank) was founded by F. Chow Chan, Betty Tom Chu, Richard K. Quan, Gilbert L. Leong, Philip Chow, John A Nuccio, Christopher L. Pocino, and John M. Lee. Its focus was to serve the Chinese American community in southern California.
On May 28, 1999, East West Bancorp completed a $13.5 million acquisition of First Central Bank, N. A. in an all-cash transaction.
Management
In 1992, Dominic Ng was named the Chairman, CEO and President. He replaced Kellogg Chan, who retired. In January 2010, Irene H. Oh was promoted to EVP and CFO. She replaced Thomas J. Tolda, who resigned. Gregory L. Guyett was appointed as the President and COO in October 2016.
References
- ^ Reosti, John (January 24, 2024). "East West Bancorp reports post-crisis gain in account holders". American Banker. Retrieved March 22, 2024.
- ^ "'Everybody Else Left or They Died:' California Bank Grows Simply by Surviving". Bloomberg.com. 2023-08-23. Retrieved 2023-08-24 – via www.bloomberg.com.
- ^ Clark, Robert (March 14, 2023). "East West Bancorp leads US public banks in 2022 financial performance ranking". American Banker.
- ^ "'Everybody Else Left or They Died:' California Bank Grows Simply by Surviving". Bloomberg.com. 2023-08-23. Retrieved 2024-03-29.
- ^ "East West Bancorp, Inc. (EWBC)". finance.yahoo.com. Retrieved May 26, 2017.
- ^ a b "Chinese History Society of Southern California - East West Bank 2007 Honorees". chssc.org. Archived from the original on January 7, 2018. Retrieved May 26, 2017.
- ^ "East West Bancorp Completes Acquisition of First Central Bank". Archived from the original on 2017-12-01. Retrieved 2013-10-21.
- ^ "East West Bancorp Officers & Directors". eastwestbank.com. Archived from the original on December 2, 2016. Retrieved May 26, 2017.
- ^ "East West Bancorp, Inc. Appoints Irene H. Oh Executive Vice President and Chief Financial Officer". eastwestbank.com. Archived from the original on July 5, 2011. Retrieved May 26, 2017.
- ^ "East West Bancorp, Inc. Appoints Gregory L. Guyett as President and Chief Operating Officer". businesswire.com. 5 October 2016. Retrieved May 26, 2017.
External links
- Official website
- Business data for East West Bancorp:
