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UCBH News

A Bank Stock Up 97% in 31 Days

Many banks have seen their shares rise after snapping up failed institutions in FDIC-assisted transactions this year, but East West Bancorp looks like the standout stock of the bunch.

China Bank Deal Might Have Saved $1.7B

U.S. regulators reportedly spurned an offer by a China-based bank to acquire UCBH Holdings, which later failed, costing taxpayers an estimated $1.7 billion.

UCBH's Failure Shaping Up as TARP Loss

The failure of California bank UCBH Holdings on Nov. 6 is likely to go down as the second loss of a TARP investment by the Treasury.

New Bank Failures: Week of Nov. 9

Five new bank failures on Friday brought the total number of banks and thrifts shut down by regulators this year to 120.

Regulators Seize Five Banks Friday

The failed institutions include United Commercial Bank of San Francisco, the seventh largest bank to be seized during the 2008-2009 crisis.

Breaking News

Target Brings New Designer Brands to Its Stores

Target brings in a famous partner to expand designs.

Chick-fil-A Offers a New Dining Experience

Chick-fil-A is offering more variety in a new concept.

Billionaire Gautam Adani Loses $26 Billion

The Indian tycoon and his empire are facing allegations of fraud by an American short-seller. Their answer does not convince investors for the moment.

Elon Musk Has Questions About the War in Ukraine

The billionaire had proposed a controversial plan to end the Russia-Ukraine conflict, which now has lasted nearly a year.