People's Daily Online 1 month ago

United Commercial Bank 120th bank to fail this year in U.S.

The San Francisco-based United Commercial Bank reopen Saturday as branches of East West Bank after it was shut down by regulators Friday night and immediately sold to the Pasadena-based East-West Bancorp. Full Article at People's Daily Online

Related Topics:

  1. FDIC
  2. Federal Deposit Insurance Corp.
  3. UCB

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    LOS ANGELES, Nov. 7 (Xinhua) -- The San Francisco-based United Commercial Bank reopen Saturday as branches of East West Bank after it was shut down by regulators Friday night and immediately sold to the Pasadena-based East-West Bancorp. Full Article at Xinhua

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