The Entrepreneurial Lawyer’s Blog

Viewing posts tagged businessformationplanning

September 24, 2013

East West Bank purchases MetroBank in expansion bid

East West Bank, a Chinese-American bank that has about 100 branches in the state of California, has announced plans to purchase MetroCorp Bancshares, another Chinese-American banking corporation that has a strong presence in the state of Texas. The acquisition of MetroBank will also allow East West Bank to operate its first branch in the city of San Diego.