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In 2004, HSBC USA sold two upstate New York branches to Gloversville-based City National Bank & Trust Co. [6] HSBC did not have enough nearby branches to give it economies of scale. In July 2011, the company sold its branches in upstate New York to First Niagara Financial Group for $1 billion, effectively selling-off the core of the old Marine ...
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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 .
Since 2014, the bank has been the official bank of the USC Trojans, the athletic program of the University of Southern California. [16]In 2016, the Banc of California announced a partnership with Los Angeles FC, a Major League Soccer franchise, and a 15-year, $100 million deal with the club for the naming rights to their stadium Banc of California Stadium in Los Angeles, which opened in 2018.
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The State Council decided to re-establish the Bank of Communication as a mainland commercial bank in 1986. [14] The Bank was then restructured and re-commenced operations on 1 April 1987. [citation needed] Since then, its Head Office has been located in Shanghai. [14] As of January 2005, 19.9% of the bank was owned by Hsbc holdings plc. An HSBC ...
Bank of Hope is an American bank, based in Los Angeles, that focuses on the Korean American community. The bank was first established on December 30, 1980, under the name Wilshire Bank. On November 30, 2011, Nara Bank, which was established in 1989, merged with Center Financial Corporation, which was established in 1986.