Bank of East Asia

Bank of East Asia, which is privately held and based in Hong Kong, has a total of 13 branches in New York and California.

China Bank Moves to Buy U.S. Branches Lingling Wei 2011

Like other major banks in Hong Kong, Bank of East Asia is also participating in the offshore yuan market, a platform for the yuan's internationalization.

BEA Profit Soars 62% to Record Fiona Law 2011

The Industrial and Commercial Bank of China, by some measures the world's largest bank, agreed to pay about $100 million for an 80 percent stake in the American arm of the Bank of East Asia.

Chinese Bank to Own US Bank 2011

The Industrial and Commercial Bank of China, by some measures the world's largest bank, agreed to pay about $100 million for an 80 percent stake in the American arm of the Bank of East Asia.

Chinese Bank to Own US Bank 2011

Bank of East Asia, based in Hong Kong, has a total of 13 branches in New York and California.

What's News 2011

Bank of East Asia, Hong Kong's fifth-largest lender by assets, was down 2.3% despite news its 2010 net profit hit record highs, thanks to a surge in loan growth and exceptional gains from the sale of its operations in Canada.

Asia Mixed as Yen Weakens Shri Navaratnam 2011

At the moment, Hong Kong's Bank of East Asia is the only non-China bank that offers credit cards on its own in China.

Citigroup Gets Approval for China Credit Cards 2012

Bank of East Asia, Hong Kong's fifth-largest lender by assets, said its net profit rose to 4.22 billion Hong Kong dollars US$541.3 million during 2010, from HK$2.6 billion in 2009.

BEA Profit Soars 62% to Record Fiona Law 2011

Bank of East Asia said its full-year net profit rose 62% to a record 4.22 billion Hong Kong dollars US$541.4 million, despite a slide in loan earnings from China, thanks to a surge in loan growth and exceptional gains from the sale of its operations in Canada.

Business Watch 2011

Bank of East Asia said net interest income rose 12% to HK$7.54 billion for the year, from HK$6.75 billion, while noninterest income rose 4%, largely driven by a 30% gain in net fee and commission income from the bank's trade finance, securities and brokerage businesses.

BEA Profit Soars 62% to Record Fiona Law 2011