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East West Bancorp's profit climbs 21%
East West Bancorp reported a 21% jump in first-quarter earnings, with an increased profit margin on lending and fewer troubled loans.
The Pasadena company, the nation's largest Asian American bank, said Tuesday that it earned $68.1 million, or 45 cents a...Tags: India, Egypt, Finance, Cook County, Quarterly or Semiannual Financial Statements
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City National profit up 17% as deposit inflows continue
City National Corp. shares were trading higher following the L.A. bank’s earnings reportsaying profit rose 17% during the first quarter, with deposits and assets each up 11%. The bank, which mainly serves businesses and wealthy individuals, earned...
Tags: JPMorgan Chase & Co., Business, City National Corporation
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Stocks end worst week of the year
The stock market hit its first rough patch of 2012, closing out its worst week of the year with a sharp decline. Professional investors struggled to determine whether the market's recent bout of weakness was nearing an end or signaling a larger slump....Tags: Earnings, Banking, Spain, Morgan Stanley Dean Witter & Company, Loans
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China's Xi spars with lawmakers, avoids specifics in speech
World NowREPORTING FROM WASHINGTON -- After getting an earful from U.S. lawmakers on his country's human rights record Wednesday morning, the official expected to be China's future leader faced a friendlier audience at a business-sponsored luncheon in Washington... -
City National profit rises 20%
Money & CompanyCity National earnings: "Corporate America is hoarding cash," Chief Financial Officer Chris Carey said during a conference call with analysts. "And high-net-worth clients, I can tell you, are hoarding cash."... -
City National, other regionals, beat analyst estimates
Money & CompanyCity National Corp. reported strong second-quarter earnings of $47.5 million, up 15% from $41.3 million in the same quarter of 2010. It was the "best quarter in more than three years with improvements across the board in loans, deposits and credit... -
B of A shares drop again, but other banking stocks rise
Money & CompanyBofA shares drop again, while other banking stocks rise... -
How big is your bank? Chase, Bank of America duel for No. 1 slot
Money & CompanyBank of America Corp. is just ahead of JPMorgan Chase & Co. as the No. 1 U.S. financial institution in terms of assets. Chase has more deposits, though, with $1.05 trillion to BofA's $1.04 trillion.... -
East West Bancorp repays its debt to the Treasury
Money & CompanyPasadena's East West Bancorp, the Chinese-American powerhouse, has repaid its more than $300-million slice of bailout funds from the U.S. Treasury. Several Southern California banks are still struggling even to make dividend payments on their... -
East West Bancorp stock rises on latest takeover of failed bank
Money & CompanyThe latest takeover of a failed Chinese-American bank by Pasadena's East West Bancorp triples its presence in the Seattle area -- and has investors applauding. In a statement late Friday, East West said that it had acquired Washington First International.... -
California National Bank expected to be seized tonight
Money & CompanyBank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the country this year, according to people familiar with the situation. The bank, a unit of FBOP...... -
East West shares soar after deal to buy failed rival
Money & CompanyWall Street thinks Pasadena-based East West Bancorp made a sweet deal to buy rival United Commercial Bank in a takeover brokered Friday by the Federal Deposit Insurance Corp. Shares of East West -- which now becomes by far the largest......
Apr 18, 2012
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Apr 20, 2012
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Feb 15, 2012
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Oct 20, 2011
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Aug 29, 2011
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Dec 29, 2010
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Jun 14, 2010
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Oct 30, 2009
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Nov 9, 2009
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