East West Bank
East West Bank (traditional Chinese: 華美銀行; simplified Chinese: 华美银行; pinyin: Huáměi Yínháng), the primary subsidiary of East West Bancorp, Inc., is the largest publicly traded bank headquartered in Southern California, United States. It was founded in 1973 in Los Angeles to serve the Chinese American community in Southern California. In 2023, East West expanded its footprint in Asia with the opening of a representative office in Singapore. Forbes magazine has recognized East West Bank as one of "America's Best Banks" since 2010. East West earned the number one spot in S&P Global Market Intelligence's 2022 Ranking of U.S. Public Banks by Financial Performance.
| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | January 2, 1973 in Los Angeles, California |
| Headquarters | Pasadena, California |
Number of locations | 124 locations |
Key people | Dominic Ng (Chairman and Chief Executive Officer) Christopher J. Del Moral-Niles, CFA (EVP and CFO) Irene H. Oh (EVP and CRO) Douglas P. Krause (General Counsel) |
| Services | Banking |
| Revenue | US$2.345 billion (2022) |
Net income | US$1.128 billion (2022) |
| Total equity | US$5.783 billion (2022) |
Number of employees | 2,925 (U.S.), 230 (Hong Kong and China) full-time equivalent (2022) |
| Parent | East West Bancorp |
| Capital ratio | 12.7% (CET1; 2022) |
| Rating | BBB (long-term); A2/F2 (short-term) |
| Website | www |
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