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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 .
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The bank was fined US$275m by the US CFTC in 2014 for taking part in the Forex scandal. [218] The bank also settled for US$18m in the related Libor scandal and EUR 33m for the Euribor rate scandal (relative to other banks a small amount). [219] [220] In October 2020 HSBC was fined about $2.2 million over the Euribor rate scandal in Switzerland ...
It became a wholly owned subsidiary of Taiwan's Bank Sinopac in 1997. Services are provided through nine branches throughout the Los Angeles and San Francisco areas. The bank opened its first overseas branch in Ho Chi Minh City, Vietnam, in October 2004. The corporate headquarters is at Chinatown Los Angeles. In 2017 the bank merged with Cathay ...
The Cathay Pacific North America headquarters moved from El Segundo in Greater Los Angeles to the Tiffany Building in 2005. [5] [16] The headquarters had only been in Los Angeles for 15 years [5] as they were in San Francisco from the 1970s. [17] Cathay had moved to Greater Los Angeles in 1990.
Bank Mayapada, founded in 1989, is a mid-sized commercial bank focused on corporate lending with 175 branches and offices and owned by Indonesian billionaire Dato Sri Tahir. In May 2017, Cathay United Bank and its sister company Cathay Life agreed to purchase the Bank of Nova Scotia Berhad Malaysia from Scotiabank. The acquisition is subject to ...
The Cathay Financial Center (Chinese: 國泰金融中心) is a 26-story, 105 metres (344 ft) skyscraper office building designed by Japanese architect Tokutoshi Torii and completed in 2002 in Xinyi District, Taipei, Taiwan. The building houses the corporate headquarters of Cathay Financial Holding. [1] [2]
Asia Bank, N.A. (Asia Bank, National Association) was an Overseas Chinese bank with offices in the Northeastern United States founded in 1984. [1]On January 21, 2015, Asia Bancshares, the holding company for Asia Bank, entered into a definitive agreement with Cathay General Bancorp, the holding company for Cathay Bank, for the merger of Asia Bancshares into Cathay. [2]
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