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18:47 EDTEWBC
theflyonthewall.com: East West Bancorp acquires the banking operations of United Commercial Bank
East West Bancorp (EWBC), parent company of East West Bank, announced that it has acquired the banking operations of San Francisco, California based United Commercial Bank in a Federal Deposit Insurance Corp-FDIC-assisted transaction. Under the terms of the transaction, East West will receive $10.4B in assets, including $7.7B in loans, and assume $9.2B in liabilities, including $6.5B in deposits of UCB. The FDIC and East West have entered into a loss sharing agreement covering substantially all acquired loans. :theflyonthewall.com



News For EWBC From The Last 14 Days
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January 28, 2010
09:00 EDTEWBC
theflyonthewall.com: On The Fly: Analysts Downgrade Summary

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08:27 EDTEWBC
theflyonthewall.com: East West Bancorp downgraded at BMO Capital

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06:37 EDTEWBC
theflyonthewall.com: East West Bancorp downgraded to Market Perform from Outperform at BMO Capital
:theflyonthewall.com

January 26, 2010
16:39 EDTEWBC
theflyonthewall.com: East West Bancorp sees Q1 EPS 4c-8c vs. consensus of 10c

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16:39 EDTEWBC
theflyonthewall.com: East West Bancorp reports Q4 EPS (33c) vs. consensus of (26c)
:theflyonthewall.com