East West Bancorp, Inc. · Pasadena, CA United States ·(NASDAQ (GS): EWBC)
Company Description
Phone: 626-768-6000
Fax: 626-799-3167
Rankings
- S&P 600
View East West Bancorp, Inc. Locations On A US Map
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This link will open in a new window East meets West at this bank. East West Bancorp is the holding company for East West Bank, which operates more than 70 branches in and around Los Angeles and the San Francisco Bay area, plus one each in Houston, Beijing, Shanghai, and Hong Kong. It caters to the Chinese-American community and provides international banking and trade financing to importers/exporters doing business in the Asia/Pacific region. East West Bank offers multilingual service in English, Cantonese, Mandarin, Spanish, and Vietnamese. The bank also offers personal and business loans; checking, savings, and money market accounts; CDs; insurance; and merchant credit card processing services. To read the full description, subscribe now.
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Key East West Bancorp, Inc. Financials
| Company Type | Public - NASDAQ (GS): EWBC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $330.1 |
| 2008 Employees | 1,346 |
East West Bancorp, Inc. Executives
21 executives listed for East West Bancorp, Inc.'s Pasadena, CA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO, East West Bancorp and East West Bank | Dominic Ng | Network |
| Vice Chairman and Chief Risk Officer | Julia Gouw | Network |
| Vice Chairman, East West Bancorp and East West Bank | John Lee | Network |
Competition
Competitive Landscape for East West Bancorp, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top East West Bancorp, Inc. Competitors
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