EastWest Bank

CCEDA UNVEILS SURVEY INTO BANK SUPPORT FOR CALIFORNIA CDCS AND CDFIS

Retrieved on: 
Wednesday, November 29, 2023

LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- California Community Economic Development Association (CCEDA) in collaboration with Rise Economy, formerly known as the Community Reinvestment Coalition, has released the results of a survey aimed at illuminating the funding landscape for Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) across California. Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).

Key Points: 
  • Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).
  • The top two banks cited by CDCs and CDFIs, especially BIPOC led CDFIs, were JP Morgan Chase and Wells Fargo Bank, while a large number of CDCs, more almost 40%, pointed to NO bank support.
  • "This report stands as an important instrument in encouraging bank backing for the invaluable efforts of CDCs and CDFIs in California," stated Roberto Barragan, Executive Director at CCEDA.
  • Fifty five banks were listed in the survey including JPMorgan Chase (including First Republic), Bank of America, Citibank, Wells Fargo Bank, US Bank (including Union Bank), PNC Bank, Goldman Sachs, Capital One, BMO (including Bank of the West), First Citizens Bank, Morgan Stanley, Ally Bank, HSBC, City National Bank, Comerica Bank, Western Alliance Bank, EastWest Bank, Umpqua Bank, Pacific Western Bank, First Bank, Cathay Bank, Pacific Premier Bank, Bank of Hope, Mechanics Bank, Banner Bank, First Foundation Bank, and Farmers and Merchants Bank (Long Beach).

Cineverse Reports First Quarter Fiscal Year 2024 Results

Retrieved on: 
Monday, August 14, 2023

LOS ANGELES, Aug. 14, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal first quarter ended June 30, 2023 ("Q1 FY 2024").

Key Points: 
  • LOS ANGELES, Aug. 14, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal first quarter ended June 30, 2023 ("Q1 FY 2024").
  • The horror phenomenon Terrifier 2, released last fall, continues to drive strong results across our entire home entertainment distribution.
  • These guidance assumptions are based on, among other factors, the Company's existing business, current view of existing market conditions and assumptions for fiscal year 2024.
  • ET today (Monday, August 14, 2023), during which management will discuss the results of the fiscal first quarter ended June 30, 2023.

David Ligon Joins TSG as Managing Director

Retrieved on: 
Tuesday, June 13, 2023

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that David Ligon has joined the firm as Managing Director, Capital Markets.

Key Points: 
  • TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that David Ligon has joined the firm as Managing Director, Capital Markets.
  • Mr. Ligon will oversee the firm’s Capital Markets function and support the firm in developing and implementing tailored solutions for new and existing partner companies.
  • Most recently, he served as Managing Director and Capital Markets Head for EastWest Bank, where he led the bank’s sponsored lending group.
  • Mr. Ligon is a member of the National Association of Corporate Directors (NACD) and a Director on the Board of Pilot Chemical Corporation, a privately-held global specialty chemical manufacturer.

JCB and East West Banking Corporation announce the launch of EastWest JCB Credit Card

Retrieved on: 
Thursday, November 10, 2022

TOKYO & MANILA, Nov 10, 2022 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.

Key Points: 
  • TOKYO & MANILA, Nov 10, 2022 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.
  • EastWest JCB Gold Credit Card and EastWest JCB Platinum Credit Card offer several rewards such as accumulate reward points that can redeem them for airline miles, cash rebates, or annual membership fee waiver.
  • JCB was headed by President and COO of JCB International Yoshiki Kaneko and Yusuke Matsui, JCB Manila's Country Manager.
  • JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.

OASIS Celebrates 10 Years of Inspiring the Youth Through the Arts at the 2022 OASIS Center International Illumination Gala

Retrieved on: 
Tuesday, October 11, 2022

Civic and community leaders from across California will celebrate 10 years of inspiring the youth through the arts and opportunities at the 2022 Illumination Gala, hosted by OASIS Center International.

Key Points: 
  • Civic and community leaders from across California will celebrate 10 years of inspiring the youth through the arts and opportunities at the 2022 Illumination Gala, hosted by OASIS Center International.
  • - Priyanka Shrivastava, PhD (Photo: Business Wire)
    Art and the act of creating it enriches our community and our lives, said Jin Sung, OASIS Center Internationals Founder and Executive Director.
  • We are proud that OASIS Center has provided free after-school opportunities for thousands of young people from across Southern California to engage in performance, visual and industrial arts.
  • OASIS Center International revitalizes underserved communities through the power of the arts.

Spectra, a Vance Street Capital Portfolio Company, Acquires Galleon Embedded Computing

Retrieved on: 
Monday, August 16, 2021

Spectra is a portfolio company of Vance Street Capital, forming the company in February 2021 by simultaneously merging three defense technology businesses.

Key Points: 
  • Spectra is a portfolio company of Vance Street Capital, forming the company in February 2021 by simultaneously merging three defense technology businesses.
  • Over the last decade, Galleon, known for its engineering aptitude and quality, has developed strong relationships with leading primes in North America and Europe.
  • Vedder Price LLP and Thommessen AS acted as legal advisors to Vance Street Capital LLC.
  • Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the medical, life science, aerospace, defense, and industrial sectors.

Manufacturers Bank Reports 2018 Year-End Earnings

Retrieved on: 
Friday, March 22, 2019

Manufacturers Bank (the Bank) is a California commercial bank with total assets of $2.8 billion as of December 31, 2018.

Key Points: 
  • Manufacturers Bank (the Bank) is a California commercial bank with total assets of $2.8 billion as of December 31, 2018.
  • As a result of this restructuring, Manufacturers Bank is now a wholly owned subsidiary of SMBCAH.
  • As a result of this restructuring, Manufacturers Bank is now a wholly owned subsidiary of SMBCAH.
  • Bauer Financial Inc., an independent bank rating company, has awarded a depository rating, Excellent 4 Star, to Manufacturers Bank.