Latest Saehan Bancorp (SAEB) Headlines Wilshire
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Wilshire Bancorp Completes Acquisition of Saehan Bancorp
GlobeNewswire - Thu Nov 21, 3:05PM CST
Wilshire Bancorp, Inc. (Nasdaq:WIBC) (the "Company"), the parent company of Wilshire Bank, today announced the completion of its acquisition of Saehan Bancorp effective as of November 20, 2013. Using September 30, 2013 financial information, following the consummation of the acquisitions of BankAsiana (which occurred on October 1, 2013) and Saehan Bancorp, Wilshire Bancorp has total assets of approximately $3.6 billion and total deposits of approximately $2.9 billion.
Saehan Bancorp and Wilshire Bancorp Announce Extension of Election Deadline for Saehan Bancorp Shareholders
GlobeNewswire - Mon Nov 11, 8:00AM CST
Saehan Bancorp (OTCQB:SAEB), the parent company of Saehan Bank, and Wilshire Bancorp, Inc. (Nasdaq:WIBC), the parent company of Wilshire Bank, today jointly announced the extension of the deadline for Saehan Bancorp shareholders to elect the form of merger consideration they wish to receive in connection with the pending acquisition of Saehan by Wilshire to 5:00 p.m. Pacific Time on November 15, 2013 (the "Election Deadline"). The extension of the deadline is being made in order to allow Saehan's shareholders additional time in which to consider their election options and then to properly complete and return the Election Statements described below. The extension of the Election Deadline is not expected to affect the previously announced anticipated closing date for the merger, which is still expected to occur on or about November 20, 2013.
BBCN Bancorp Appoints Daniel Kim as EVP and Chief Planning Officer
GlobeNewswire - Thu Nov 07, 7:00AM CST
BBCN Bancorp, Inc. (the "Company") (Nasdaq:BBCN), the holding company of BBCN Bank (the "Bank"), today announced that Daniel Kim will join the Company as Executive Vice President and Chief Planning Officer effective November 25, 2013. Heading the holding company's strategic planning department established earlier this year, Mr. Kim will work closely with Chairman and Chief Executive Officer Kevin S. Kim in the areas of mergers and acquisitions, business line and revenue diversification and capital management strategy.
Saehan Bancorp and Wilshire Bancorp Announce Shareholder Approval of Merger and Election Deadline
GlobeNewswire - Tue Nov 05, 3:52PM CST
Saehan Bancorp (OTCQB:SAEB), the parent company of Saehan Bank, and Wilshire Bancorp, Inc. (Nasdaq:WIBC), the parent company of Wilshire Bank, today jointly announced that the shareholders of Saehan Bancorp approved the completion of the previously announced merger, under which Wilshire Bancorp will acquire Saehan Bancorp. More than 99% of the shares voting at Saehan's special meeting voted in favor of the merger, representing more than 77% of all outstanding shares of Saehan Bancorp.
B. Riley Acts As Financial Advisor to Saehan Bancorp in its $105.5 Million Acquisition by Wilshire Bancorp, Inc.
PR Newswire - Fri Jul 19, 8:10AM CDT
B. Riley & Co., LLC (B. RILEY), (www.brileyco.com), a leading full service, independent investment bank, has acted as Financial Advisor to Saehan Bancorp (OTCQB: SAEB) in its $105.5 Million acquisition by Wilshire Bancorp. Inc. (NASDAQ: WIBC).
Wilshire Bancorp Announces Acquisition of Saehan Bancorp
GlobeNewswire - Mon Jul 15, 3:09PM CDT
Two Valuable Korean-American Franchises Combine to Create Significant Stakeholder Value
Saehan Bancorp Reports First Quarter Results
Business Wire - Mon May 13, 6:10PM CDT
Saehan Bancorp (OTCBB:SAEB) today reported results for its first quarter ended March 31, 2013 - reflecting continued asset quality improvement and related loan portfolio strategic initiatives to reduce costs.
Saehan Bancorp Announces the Termination of The Bank's Consent Order
Business Wire - Fri Mar 15, 8:00PM CDT
Saehan Bancorp (OTCBB:SAEB), parent company of Saehan Bank, today announced that the Federal Deposit Insurance Corporation and the California State Department of Financial Institutions have terminated a Consent Order issued in January 2011, reflecting management's success in improving the bank's financial condition.
Saehan Bancorp Reports Fourth Quarter and Year-End Results
Business Wire - Wed Feb 27, 6:15PM CST
Saehan Bancorp (OTCBB:SAEB) today announced preliminary financial results for its fourth quarter and year ended December 31, 2012, reflecting continued improvement in asset quality.