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East West Bank operates as a full-service commercial bank offering a comprehensive suite of financial products and services. The institution specializes in bridging the economies of the United States and Asia, providing crucial cross-border banking capabilities. Its offerings extend to personal, business, and commercial clients, supported by a full banking license in China, which facilitates its unique market position and enhances its international reach for clients.
The bank commenced operations in 1973 as a federally chartered savings institution in Southern California. It was founded with the initial insight to serve the financial needs of the immigrant Chinese American community, who were often underserved by mainstream banking institutions at the time. This foundational focus on connecting diverse communities has remained central to its evolution and strategic direction.
East West Bank primarily serves the Asian community within the U.S. and businesses conducting operations across both the U.S. and Asia. Its long-term vision positions the bank as a leading financial intermediary, fostering economic relationships and providing essential banking services that connect these significant global markets, reflecting a commitment to cultural and economic integration.
Key people at East West Bank.
East West Bank was founded in 1973 by John Nuccio (Founder) and Richard K. Quan (Founder) and Betty Chu (Founder) and F. Chow Chan (Founder) and John Lee (Founder) and Christopher L. Pocino (Founder).
Key people at East West Bank.
East West Bank was founded in 1973 by John Nuccio (Founder) and Richard K. Quan (Founder) and Betty Chu (Founder) and F. Chow Chan (Founder) and John Lee (Founder) and Christopher L. Pocino (Founder).
East West Bank has 7 tracked investments across 4 companies. The latest tracked deal is $113.0M Debt / Other Equity in Drip Capital in September 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 5, 2024 | Drip Capital | $113.0M Debt / Other Equity | East West Bank, International Finance Corporation | Accel, Ryu Muramatsu, Peak XV Partners (Sequoia Capital India), Keiji Matsunaga, Y Combinator |
| Oct 28, 2021 | Drip Capital | $175.0M Debt / Series C | Alex Bangash | Accel, Barclays Investment Bank, GC1 Ventures, Irongrey, Sequoia Capital, Wing Venture Capital |
| Mar 25, 2021 | Drip Capital | $40.0M Debt | Mark Parsa | — |
| Apr 1, 2019 | Citcon | $8.0M Series B | — | Amino Capital, Draper Associates, KRM Interests LLC, TSVC Capital, Sue Xu, Cyber Wisdom, Catherine Zhou, HEDA Capital, Light Bridge, TSVC, ZhenFund |
| Oct 26, 2017 | Drobo | $8.0M Debt / Other Equity | Peter Richards, Eric Gonzales | — |
| Apr 14, 2016 | DigitalOcean | $130.0M Debt | — | Barclays Bank, HSBC, KeyBank, Opus Bank, Pacific Western Bank, Webster Bank |
| Sep 29, 2015 | Drobo | $4.0M Debt | — | — |