UCBH Holdings is the holding company for United Commercial Bank, Ltd (UCB). In October it announced that it would participate in the Treasury Department’s Capital Purchase Program. Treasury will purchase stock worth $298 million from UCBH under the plan. Chinese bank Misheng bought a 4.9 percent share in UCBH Holdings in March. Misheng plans to increase that stake to 20 percent by June 2009.
UCB touts itself as the “leading bank in the United States serving the Chinese community and American companies doing business in Greater China.” Its headquarters are in San Francisco, and it does business in various parts of California, New York, Atlanta, and New England with additional branches in the Pacific Northwest and one in Houston.
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10-23-08 UCBH Holdings Third Quarter Results
12-31-2007 UCBH 2007 Annual Report
No federal contracts found
No donations found.
November 14, 2008 Minsheng Plans Bond Sale to Plug $1.5 Billion Deficit (Update1) (Bloomberg)
Bailout Bank Bio: UCBH Holdings Inc
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Federal Equity Investment |
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Total Revenue |
$751.94 million (2007) |
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Net Income |
$102.31 million (2007) |
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Number of Employees |
1,525 |
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Corporate Headquarters |
San Francisco, California |
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Business Sector |
Banking |
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Officers and Directors |
Thomas S. Wu, Chairman of the Board, |
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Corporate Website |
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Executive Compensation |
Last Updated November 14, 2008
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