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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...
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......
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......
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...
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
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Jan 28, 2010 | Los Angeles Times
Apr 15, 2010 | Los Angeles Times