East West Bank (Chinese: 華美銀行) is a Chinese American bank in the state of California in the United States. It has 120 branch locations in northern and southern California, Georgia, Massachusetts, New York, Texas, Washington, one overseas branch in Hong Kong, one each in Shanghai and Shantou and representative offices in Beijing, Guangzhou, Shenzhen and Taipei. It is headquartered in Pasadena, California. As of its 2009 acquisition from the Federal Deposit Insurance Corporation of the assets of United Commercial Bank, the resulting bank was projected to start with almost $23 billion in assets, putting it ahead of L.A.-based City National as the largest bank based in Southern California. At last report, City National had $18.4 billion in assets."
The current Chairman and Chief Executive Officer is Dominic Ng and the President and Chief Operating Officer is Julia S. Gouw.
Read more about East West Bank: History, Naming Rights
Famous quotes containing the words east, west and/or bank:
“The East is marvellously interesting for tracing our steps back. But for going forward, it is nothing. All it can hope for is to be fertilised by Europe, so that it can start on a new phase.”
—D.H. (David Herbert)
“The west was getting out of gold,
The breath of air had died of cold....”
—Robert Frost (1874–1963)
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)