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Four Korean banks’ stocks hit 52-week lows after the shut down of Silicon Valley Bank

Publicly traded Korean-American banks have also seen their stock prices plummet in the wake of the bankruptcy of Silicon Valley Bank (SVB), the world's...

Bank of Hope President Earns $840k a Year

The revelation of Bank of Hope president Kevin Kim’s salary, approximately $840,000 a year, has sparked an interest in the earnings of U.S.-based Korean...

LPGA Founders Cup ends successfully

The 2017 LPGA Founders Cup ended successfully after kicking off on March 16. Bank of Hope, the largest Korean-American bank, was the tournament’s title...

Korean Banks’ Demand for CFOs Growing

The ratio of non-Korean chief financial officers (CFO) at Korean-run financial institutions are continuously getting larger. Four of seven Southern California-based Korean banks are employing...

Korean Banks Looking to Transform and Diversify

Korean banks across the United States are gearing up to kick start 2017. Through their New Year messages, presidents of Korean-American banks presented both...

Bank of Hope Closing 12 Branches on Dec 29

As Bank of Hope plans to complete its recent merger between Wilshire Bank and BBCN Bank, 12 branches currently in business are set to...

“How Much Bonus Am I Getting This Year?”

As the end of the year nears, many salarymen and women are sharing the same curiosity. As many businesses often use the end of...

Trump’s Win Drives up Korean Bank Stocks

As Donald Trump’s win over Hillary Clinton in last week’s presidential election continues to raise bank stocks across the country, Korean-American financial institutions are...

Bank of Hope to Sponsor LPGA

For the first time ever, the LPGA will be sponsored by a Korean-American corporation after signing a three-year deal with Bank of Hope, an...

Wells Fargo Stalled Transfer as the Recipient Had the Same Name as a North Korean Government Official

A 70-something elderly Korean man residing in Los Angeles, who only wished to be identified by his last name Lee, recently transferred some money...

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