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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.
| Company type | Public |
|---|---|
| Nasdaq: EWBC S&P 400 Component | |
| Founded | August 26, 1998 |
| Subsidiaries | East West Bank |
| Website | www |
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.
- "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
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- Business data for East West Bancorp:
- Reuters
- SEC filings
- Yahoo!
This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these messages This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources East West Bancorp news newspapers books scholar JSTOR December 2020 Learn how and when to remove this message This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent sources July 2021 Learn how and when to remove this message Learn how and when to remove this message 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 amp P Global Market Intelligence s 2022 Ranking of U S Public Banks by Financial Performance East West BancorpCompany typePublicTraded asNasdaq EWBC S amp P 400 ComponentFoundedAugust 26 1998 26 years ago 1998 08 26 SubsidiariesEast West BankWebsitewww wbr eastwestbank wbr comOperationsEast West has more than 120 locations in the United States and Asia It provides both retail and commercial banking HistoryIn 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 ManagementIn 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 ReferencesReosti 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 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 amp 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 linksBanks portalOfficial website Business data for East West Bancorp GoogleReutersSEC filingsYahoo
