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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.
EastWest Bank was created on August 14, 1988. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest Group of Companies, EastWest Bank opened to the public along Senator Gil Puyat Avenue, Makati on August 1, 1994.
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 ]
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Chairman, president and CEO, East West Bank and East West Bancorp 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.
East West (Julia Fordham album), 1997; East West (East West album), 2003; East/West, 2005, by Bill Frisell; East West (band), a Christian metal band; East and West, a 1963 jazz album by Toshiko Akiyoshi and Charlie Mariano; East West Records, an American record label "East West", a 1966 single by Herman's Hermits, later covered by Morrissey