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Shanghai, China

East West Bankcorp Inc. acquires United Commercial Bank

Full story: San Gabriel Valley Tribune

East West Bancorp Inc., parent company of East West Bank, has acquired the banking operations of San Francisco-based United Commercial Bank in a Federal Deposit Insurance Corp.-assisted transaction.

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That Dude

West Covina, CA

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Judge it!
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#1
Nov 7, 2009
 
In other news...WHO GIVES A F!!!!!!!!!!
Randy Bowen
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#2
Nov 8, 2009
 
Glad to hear of a local bank growing. This should help the SGV economy. Anyone that doesn't understand this importance really shouldn't be reading the news.
211Guy

Arcadia, CA

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#3
Nov 8, 2009
 
Looking forward to East/West Bank installing up-dated security measures in their new branches as they have in the past making them "Robbery Proof" and the safest banks in the country instead of giving away free pizzas also rumored East/West breaking away from Banking Cartels policy and will be flying our American Flag in front of the banks.
Love America!
John Galt

Arcadia, CA

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#4
Nov 8, 2009
 
Randy Bowen wrote:
Glad to hear of a local bank growing. This should help the SGV economy. Anyone that doesn't understand this importance really shouldn't be reading the news.
In theory you're correct, but there is no mention of the number of current employees will be downsized due to this buyout/merger as was the case this entire year when E/W gobbled up other failed banks with Asian financial backers, just Google E/W website and FDIC bank histories.
XRSO

Pico Rivera, CA

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#6
Monday Nov 23
 
Mike , your making sense now, EWB Is as secure as they come..I know who heads up there Security Team, that bank grows and grows..

God Bless America
211Guy

Arcadia, CA

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#7
Tuesday Nov 24
 
XRSO wrote:
Mike , your making sense now, EWB Is as secure as they come..I know who heads up there Security Team, that bank grows and grows..
God Bless America
Mr. X, Well it didn't take long; on 11-19 the secure East West Bank on 17713 Bl., Artesia had another take-over robbery, wonder what type of security measures didn't work this time or do they bother with those things. Great photos of Bank Terrorist jumping counter on FBI websites.
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