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In 1973, East West Federal Bank was founded as a federal savings and loan association, focused on serving the Chinese American community in Southern California. [12]In 1991, during the savings and loan crisis, the company acquired Pacific Coast Savings, [13] [14] [15] which increased the bank's assets from $600 million to $1 billion and expanded operations to San Francisco, California.
East West Bancorp is the parent company of East West Bank.It is a publicly owned company with over $70 billion in assets as of 2024. [1] [2] The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023. [3]
Chairman, president and CEO, East West Bank and East West Bancorp Dominic Ng (born 1959) is an American banker. He has was CEO of Los Angeles–based East West Bank since 1992, and chairman and CEO since 1998, transforming it from a savings and loan association into an international banking company.
This page was last edited on 23 December 2023, at 23:26 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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.
EastWest Bank (PSE: EW, Hokkien Chinese: 東盛銀行; Pe̍h-ōe-jī: Tang-sēng Gûn-hâng; Mandarin simplified Chinese: 东盛银行; traditional Chinese: 東盛銀行; pinyin: Dōngshèng Yínháng), [12] formally known as East West Banking Corporation, is the eleventh largest bank in the Philippines in terms of assets. [13]
The bank had total assets of $91 billion (as of June 1, 2022). [4] It offers a full complement of banking, trust and investment services through 75 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Minneapolis, Nashville, Washington, DC and Atlanta. [4]
EastWest Studios (formerly known as Western Studio, a component of United Western Recorders and later Ocean Way Recording) is a recording studio complex located at 6000 West Sunset Boulevard in Hollywood. [1] Originally constructed by Bill Putnam in the 1960s, the studios are currently owned by sound developer Doug Rogers and managed by Candace ...