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East West Bancorp

From Wikipedia, the free encyclopedia
East West Bancorp
Company typePublic
NasdaqEWBC
S&P 400 Component
FoundedAugust 26, 1998; 26 years ago (1998-08-26)
SubsidiariesEast West Bank
Websitewww.eastwestbank.com Edit this at Wikidata

East West Bancorp is the parent company of East West Bank. It is a publicly owned company with over $70 billion in assets as of 2024.[1][2] The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023.[3] East West earned the top spot in S&P Global Market Intelligence's 2022 Ranking of U.S. Public Banks by Financial Performance.[4]

Operations

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As of 2024, East West Bank has more than 100 locations in the United States and Asia.[5][6]

History

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The East West Federal Bank (now East West Bank) was founded in 1973.[7]

Leadership

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Dominic Ng is chairman and CEO of East West Bank.[8][9]

References

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  1. ^ Min, Sarah (2024-05-31). "How East West Bancorp has gained an edge by serving the Asian American community". CNBC. Retrieved 2025-02-13.
  2. ^ Reosti, John (January 24, 2024). "East West Bancorp reports post-crisis gain in account holders". American Banker. Retrieved March 22, 2024.
  3. ^ "'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.
  4. ^ Clark, Robert (March 14, 2023). "East West Bancorp leads US public banks in 2022 financial performance ranking". American Banker.
  5. ^ Min, Sarah (2024-05-31). "How East West Bancorp has gained an edge by serving the Asian American community". CNBC. Retrieved 2025-02-13.
  6. ^ "'Everybody Else Left or They Died:' California Bank Grows Simply by Surviving". Bloomberg.com. 2023-08-23. Retrieved 2024-03-29.
  7. ^ Flannery, Russell. "Asia Niche Will Help East West Bank Weather U.S. Economic Downturn, CEO Dominic Ng Says". Forbes. Retrieved 2025-02-13.
  8. ^ "East West Bank Looks Back on 25 Years". Los Angeles Business Journal. 2024-11-11. Retrieved 2025-02-13.
  9. ^ "Dominic Ng: Philanthropist banker, inclusion practitioner". Los Angeles Times. 2024-06-16. Retrieved 2025-02-13.
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  • Official website Edit this at Wikidata
  • Business data for East West Bancorp: