Highlights
A collection of news and information related to Hanmi Financial Corporation published by this site and its partners.
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Earnings on rise, Hanmi Bank searches for merger partner
Hanmi Financial Corp. of Los Angeles said its profit more than doubled to $14 million in the fourth quarter as regulators lifted 3-year-old orders requiring the parent of Hanmi Bank to raise more capital. The end of enforcement actions by state bank...
Tags: Hanmi Bank, Earnings, Restructuring and Recapitalization, Economy, Business and Finance, Federal Reserve
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S. Korean bank to buy majority stake in troubled Hanmi Financial
Money & CompanySouth Korean financial giant Woori Finance Holdings agreed Tuesday to invest at least $210 million in Hanmi Financial Corp. of Los Angeles, a deal that in effect would mean a takeover of Hanmi by the foreign bank instead of by...... -
Rumors of foreign buyout send Hanmi shares higher
Money & CompanyShares of Hanmi Financial Corp. have doubled in recent weeks on rumors that the Los Angeles bank, hammered by losses on commercial real estate, would be purchased by a South Korean banking firm. The company is the parent of Koreatown's...... -
Losses continue at Hanmi Bank
Money & CompanyHanmi Financial Corp., operating under regulators' orders to raise capital for its Koreatown bank, said today it lost $35.9 million during the fourth quarter after setting aside $77 million to cover the mounting losses on its loans. The 70-cents-per-share... -
Hanmi Bank stock jumps on report it may be near capital raise
Money & CompanyHanmi Financial Corp. shares jumped 21% on Thursday on a positive news report about the bank's efforts to find a source of new funds, averting a possible takeover by the government. Hanmi Financial, parent of Hanmi Bank in L.A.'s Koreatown,......
Jan 24, 2013
|Story| Los Angeles Times
May 25, 2010
| Los Angeles Times
Jan 25, 2010
| Los Angeles Times
Jan 28, 2010
| Los Angeles Times
Apr 15, 2010
| Los Angeles Times