DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Dominic Ng - 2 Alexander Yokum - 1 Wells - 1 Timur Braziler - 1 Fannie Mae - 1 Freddie Mac - 1 — - 1 Braziler - 1
Top related locs:
U.S Southern California United States East Los Angeles Asia FactSet East West
Top related orgs:
East - 2 U.S - 2 East West Bancorp - 1 Regional Banking - 1 Bancorp - 1 West Bancorp - 1 CFRA - 1 Federal Housing Finance Agency - 1

Search resuls for: "Dominic Ng"


3 mentions found


☆ How East West Bancorp has gained an edge by serving the Asian American community
  + stars: | 2024-05-31 | by ( Sarah Min | ) www.cnbc.com   time to read: +7 min
East West Bancorp shares have eked out a small gain in 2024, up 2%. Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. American dream = home ownershipPart of what's helping East West succeed with Asian Americans goes all the way back to its origins. East West Bancorp was founded in 1973 as a federal savings and loan in the Los Angeles area to service the Chinese American and immigrant community struggling to obtain mortgages and business loans. East West also drives cross-border activity between the U.S. and other Asian countries, such as Thailand and Vietnam.
Persons: Alexander Yokum, Wells, Timur Braziler, Fannie Mae, Freddie Mac, —, Braziler, Christopher Del Moral, Niles, it's, Del, Steven Leung, Leung, CFRA's Yokum, Yokum, Dominic Ng, that's Organizations: East West Bancorp, Regional Banking, Bancorp, West Bancorp, CFRA, Federal Housing Finance Agency, East, East West, U.S, Bancorp's Locations: Southern California, U.S, United States, East, Los Angeles, Asia, FactSet, East West, New York, Beijing, China, Shanghai, Thailand, Vietnam, Washington
☆ Factbox: U.S. banks increase reserves for commercial real estate exposure
  + stars: | 2023-07-21 | by ( Matt Tracy | ) www.reuters.com   time to read: +5 min
While regional banks carry the greatest exposure to the commercial real estate (CRE) sector, second quarter earnings show that a number of big banks have prepared for potential defaults, primarily on office loans. However, Borthwick noted the bank's office CRE exposure was low relative to its overall loan portfolio, at 2%. CRE loans represented just 15% of the bank's overall lending book, while only 1% of the CRE loan portfolio was office-related. WELLS FARGO (WFC.N)The bank said it had a $949 million increase in its allowance for credit losses, primarily CRE office loans. WEBSTER FINANCIAL CORP (WBS.N)The regional bank's nonperforming CRE loans ticked up to $47.9 million last quarter from $35.8 million in the first quarter.
Persons: Goldman Sachs, Andrew Kelly, Alastair Borthwick, Borthwick, GOLDMAN SACHS, markdowns, Denis Coleman, Jeremy Barnum, WELLS, Charlie Scharf, Bruce Van Saun, Dominic Ng, East, James Leonard, MORGAN STANLEY, Webster, Glenn MacInnes, John Ciulla, Matt Tracy, Michelle Price, Nick Zieminski Organizations: New York Stock Exchange, REUTERS, U.S, AMERICA CORP, GOLDMAN SACHS GROUP INC, Goldman, JPMORGAN CHASE &, JPMorgan, Citizens, EAST WEST BANCORP, East, BANCORP, WEBSTER FINANCIAL, Thomson Locations: New York City , New York, U.S, California, CRE
☆ Democratic Rep. Judy Chu, the first Chinese American woman elected to Congress, blasts a Texas GOP congressman after he questioned her loyalty to the US: 'It is racist'
  + stars: | 2023-02-25 | by ( John L. Dorman | ) www.businessinsider.com   time to read: +7 min
Judy Chu criticized Lance Gooden after he seemingly questioned her "loyalty" to the US on Fox News. "I think she has drug along the other Chinese American members to sign this letter. I very much doubt that he would be spreading these lies were I not of Chinese American descent." "Lance Gooden's slanderous accusation of disloyalty against Rep. Chu is dangerous, unconscionable and xenophobic," Jeffries said in a statement. Rep. Gooden accused Democrats of bringing up race after his criticism of Rep. Chu.
0 next >>
Total: 3