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East West Bank Marks 25th Anniversary on Nasdaq Stock Exchange

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East West Bank, the largest publicly traded bank in Southern California, celebrated its 25th anniversary on the Nasdaq stock exchange. Chairman and CEO Dominic Ng rang the opening bell to mark this milestone. Under Ng's leadership, East West has grown from a $600 million savings and loan association to a global commercial bank with over $72 billion in assets.

The Bank has been recognized as the #1 top performing bank in its asset size by Bank Director for two consecutive years. East West's Nasdaq listing was important for public involvement and employee ownership. The Bank's 'Spirit of Ownership' program grants stock distributions to all employees annually at Lunar New Year.

Founded in 1973 to serve underserved communities, East West Bank has evolved into a global institution bridging the U.S. and Asia. It provides expertise in various sectors, including media, entertainment, private equity, infrastructure, healthcare, clean energy, technology, manufacturing, and commercial real estate.

East West Bank, la banca quotata in borsa più grande della California meridionale, ha celebrato il suo 25° anniversario sul mercato azionario Nasdaq. Il presidente e CEO Dominic Ng ha suonato la campana di apertura per segnare questo traguardo. Sotto la guida di Ng, East West è cresciuta da una associazione di risparmio e prestiti da 600 milioni di dollari a una banca commerciale globale con oltre 72 miliardi di dollari in attivi.

La banca è stata riconosciuta come la banca con le migliori performance nel suo segmento di asset da Bank Director per due anni consecutivi. La quotazione di East West su Nasdaq è stata importante per il coinvolgimento pubblico e la proprietà da parte dei dipendenti. Il programma 'Spirit of Ownership' della banca concede distribuzioni azionarie a tutti i dipendenti annualmente durante il Capodanno Lunare.

Fondata nel 1973 per servire comunità svantaggiate, East West Bank si è evoluta in una istituzione globale che collega gli Stati Uniti e l'Asia. Fornisce competenze in vari settori, tra cui media, intrattenimento, private equity, infrastrutture, sanità, energia pulita, tecnologia, manifattura e immobili commerciali.

East West Bank, el banco que cotiza en bolsa más grande del sur de California, celebró su 25° aniversario en la bolsa de valores Nasdaq. El presidente y CEO Dominic Ng hizo sonar la campana de apertura para marcar este hito. Bajo el liderazgo de Ng, East West ha crecido de una asociación de ahorros y préstamos de 600 millones de dólares a un banco comercial global con más de 72 mil millones de dólares en activos.

El banco ha sido reconocido como el banco de mejor desempeño en su tamaño de activos por Bank Director durante dos años consecutivos. La inclusión de East West en Nasdaq fue importante para la participación pública y la propiedad de los empleados. El programa 'Spirit of Ownership' del banco otorga distribuciones de acciones a todos los empleados anualmente durante el Año Nuevo Lunar.

Fundado en 1973 para servir a comunidades desatendidas, East West Bank ha evolucionado hasta convertirse en una institución global que une a EE. UU. y Asia. Proporciona experiencia en varios sectores, incluidos medios, entretenimiento, capital privado, infraestructura, atención médica, energía limpia, tecnología, manufactura y bienes raíces comerciales.

이스트 웨스트 은행, 남부 캘리포니아에서 가장 큰 상장 은행은 나스닥 증권 거래소에서 25주년을 기념했습니다. 회장 겸 CEO인 도미닉 응이 이 이정표를 기념하기 위해 개장 종을 울렸습니다. 응의 리더십 아래, 이스트 웨스트는 6억 달러의 저축 및 대출 협회에서 720억 달러 이상의 자산을 가진 글로벌 상업 은행으로 성장했습니다.

은행은 두 해 연속으로 뱅크 다이렉터에 의해 자산 규모에서 최고의 성과를 내는 은행으로 인정받았습니다. 이스트 웨스트의 나스닥 상장은 공공 참여와 직원 소유권에 중요한 역할을 했습니다. 은행의 'Ownership Spirit' 프로그램은 매년 음력 새해에 모든 직원에게 주식 분배를 제공합니다.

1973년에 소외된 커뮤니티를 위해 설립된 이스트 웨스트 은행은 미국과 아시아를 연결하는 글로벌 기관으로 발전했습니다. 미디어, 엔터테인먼트, 사모펀드, 인프라, 헬스케어, 청정 에너지, 기술, 제조 및 상업용 부동산 등 다양한 분야의 전문 지식을 제공합니다.

East West Bank, la plus grande banque cotée en bourse du sud de la Californie, a célébré son 25ème anniversaire sur le marché boursier Nasdaq. Le président et CEO Dominic Ng a sonné la cloche d'ouverture pour marquer cette étape importante. Sous la direction de Ng, East West est passée d'une association d'épargne et de prêts de 600 millions de dollars à une banque commerciale mondiale avec plus de 72 milliards de dollars d'actifs.

La banque a été reconnue comme la banque performante numéro 1 dans sa catégorie d'actifs par Bank Director pendant deux années consécutives. Le référencement de East West sur Nasdaq a été important pour l'implication publique et la propriété des employés. Le programme 'Spirit of Ownership' de la banque accorde des distributions d'actions à tous les employés chaque année lors du Nouvel An lunaire.

Fondée en 1973 pour servir les communautés défavorisées, East West Bank s'est transformée en une institution globale reliant les États-Unis et l'Asie. Elle offre une expertise dans divers secteurs, y compris les médias, le divertissement, le capital-investissement, les infrastructures, la santé, les énergies renouvelables, la technologie, la fabrication et l'immobilier commercial.

Die East West Bank, die größte an der Börse notierte Bank im südlichen Kalifornien, feierte ihr 25-jähriges Bestehen an der Nasdaq-Börse. Vorsitzender und CEO Dominic Ng läutete die Eröffnungsglocke zu diesem Meilenstein. Unter Ng's Führung ist East West von einer 600 Millionen Dollar schweren Spar- und Darlehensvereinigung zu einer globalen Geschäftsbank mit über 72 Milliarden Dollar an Vermögenswerten gewachsen.

Die Bank wurde von Bank Director für zwei aufeinanderfolgende Jahre als die leistungsstärkste Bank ihrer Vermögensgröße anerkannt. Die Nasdaq-Notierung von East West war wichtig für die öffentliche Beteiligung und den Mitarbeiterbesitz. Das 'Spirit of Ownership'-Programm der Bank gewährt jedes Jahr zum Chinesischen Neujahr allen Mitarbeitern Aktienverteilungen.

Gegründet 1973, um benachteiligte Gemeinschaften zu bedienen, hat sich die East West Bank zu einer globalen Institution entwickelt, die die USA und Asien verbindet. Sie bietet Expertise in verschiedenen Sektoren, einschließlich Medien, Unterhaltung, Private Equity, Infrastruktur, Gesundheitswesen, erneuerbare Energien, Technologie, Fertigung und Gewerbeimmobilien.

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PASADENA, Calif.--(BUSINESS WIRE)-- East West Bank, the largest publicly traded bank headquartered in Southern California, today celebrated its 25th anniversary on the Nasdaq stock exchange. Chairman and CEO Dominic Ng rang Nasdaq’s opening bell to commemorate this milestone in the Bank’s history. “This is a momentous day for East West Bank,” said Dominic Ng. “Celebrating 25 years on Nasdaq is a testament to the trust our customers have placed in us and our unwavering commitment to helping them reach further.”

During Ng’s tenure as CEO, he has transformed East West from a $600 million savings and loan association into a global commercial bank with over $72 billion in assets. The Bank has earned recognition as the #1 top performing bank in its asset size by Bank Director for the past two years. East West also emerged from 2023’s regional banking disruption stronger than ever.

In his opening bell remarks, Ng highlighted that East West’s Nasdaq listing was pivotal for both the public and the Bank’s employees. “Getting listed on Nasdaq allowed the public to join us on our journey, and we wanted our associates to share in that as well,” said Ng. He launched the Bank’s “Spirit of Ownership” program in preparation for the Bank’s public listing. The annual program grants every employee, whether full- or part-time, stock distributions at Lunar New Year—a time that celebrates the Bank’s roots in the Asian American community. “Through public and employee ownership, we've ensured that everyone involved has a stake in our success,” Ng added.

East West Bank was founded in 1973 to address the needs of underserved communities often overlooked by mainstream financial institutions. Over the past 51 years, the Bank has grown from a single branch into a global institution that serves as a financial and cultural bridge between the U.S. and Asia. Recognized for its capital strength, diversified business model, and granular customer base, East West provides expertise to companies in the media, entertainment, private equity, infrastructure, healthcare, clean energy, technology, manufacturing, and commercial real estate sectors.

About East West Bank

East West Bank provides financial services that help customers reach further and connect to new opportunities. East West Bancorp, Inc. is a public company (NASDAQ: “EWBC”) with total assets of $72.5 billion as of June 30, 2024. The company’s wholly-owned subsidiary, East West Bank, is the largest independent bank headquartered in Southern California, and operates over 110 locations in the United States and Asia. The Bank’s markets in the United States include California, Georgia, Illinois, Massachusetts, Nevada, New York, Texas and Washington. For more information on East West, visit us on LinkedIn, Instagram, Facebook, X or at www.eastwestbank.com.

Angie Tang

Director of Communications

T: (347) 849.9787

Janie Beaman

Sr. Manager, Communications & Media

T: (626) 768-6261

Source: East West Bank

FAQ

How long has East West Bank (EWBC) been listed on the Nasdaq stock exchange?

East West Bank (EWBC) has been listed on the Nasdaq stock exchange for 25 years, celebrating its anniversary in 2024.

What is East West Bank's current asset size?

East West Bank currently has over $72 billion in assets, growing from a $600 million savings and loan association under CEO Dominic Ng's leadership.

What recognition has East West Bank (EWBC) received in recent years?

East West Bank (EWBC) has been recognized as the #1 top performing bank in its asset size by Bank Director for the past two consecutive years.

What is East West Bank's 'Spirit of Ownership' program?

The 'Spirit of Ownership' program is an annual initiative that grants stock distributions to all East West Bank employees, both full-time and part-time, at Lunar New Year.

In which sectors does East West Bank (EWBC) provide expertise?

East West Bank (EWBC) provides expertise in media, entertainment, private equity, infrastructure, healthcare, clean energy, technology, manufacturing, and commercial real estate sectors.

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