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Corporate

Nov. 10, 2009

East West Bancorp Acquires UCB

Attorneys with Manatt, Phelps & Phillips and Simpson Thacher & Bartlett advised Pasadena-based East West Bancorp Inc. in its acquisition of United Commercial Bank after regulators shut down UCB for holding inadequate capital.

By Sara Randazzo

Daily Journal Staff Writer

Attorneys with Manatt, Phelps & Phillips and Simpson Thacher & Bartlett advised Pasadena-based East West Bancorp Inc. in its acquisition of United Commercial Bank, a Federal Deposit Insurance Corporation-assisted transaction sparked by necessity Friday when regulators shut down San Francisco-based UCB for holding inadequate capital.

East West Bancorp, the parent company of Eas...

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