Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • Articles & Insights
    • Resolving MCA Distress
    • Resolving Business Distress
  • Recruiting
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • Articles & Insights
    • Resolving MCA Distress
    • Resolving Business Distress
  • Recruiting
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

Bank of Hope Receives Regulatory Approvals to Acquire the Commercial Banking Unit of SMBC MANUBANK

Bank of Hope and SMBC have also entered into a collaboration and partnership agreement under which Bank of Hope will provide commercial and consumer banking services to SMBC’s Japan-based middle market and retail customers seeking banking services in the United States.

byBrianna Wilson
September 3, 2026
in News

Hope Bancorp’s wholly-owned subsidiary, Bank of Hope, has received all regulatory approvals required to complete the previously announced acquisition of the commercial banking unit of SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas and Sumitomo Mitsui Banking Corporation (SMBC). Regulatory approvals have been received from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation. The transaction is expected to close early in Q4/26, subject to the satisfaction of customary closing conditions.

“Receiving all necessary regulatory approvals marks a significant milestone toward completing this strategic transaction,” Kevin S. Kim, chairman, president and CEO of Hope Bancorp, said. “We are excited about the opportunity to welcome the MANUBANK team and customers to Bank of Hope later this year. This acquisition will bring together two highly complementary organizations, diversify our deposit franchise, strengthen our commercial banking capabilities and expand our presence in the Greater Los Angeles market.”

Bank of Hope and SMBC have also entered into a collaboration and partnership agreement under which Bank of Hope will provide commercial and consumer banking services to SMBC’s Japan-based middle market and retail customers seeking banking services in the United States. The agreement will become effective upon the closing of the transaction.

“Our partnership with SMBC will enable us to support the banking needs of Japanese commercial and retail customers in the United States, while broadening our multinational reach and supporting long-term growth,” Kim said. “I want to thank our colleagues at Bank of Hope and MANUBANK for their dedication and collaboration in bringing us to this important stage. We look forward to completing the transaction and beginning the integration process.”

Previous Post

Peapack Private Bank & Trust Opens New Garden City Office

Next Post

Midsize Firms’ Tariff Bills Ease from October Peak but Stay More Than Double Pre-2025 Levels, JPMorgan Chase Institute Finds

Related Posts

Deal Announcements

Billd Secures $100MM Credit Facility from Victory Park Capital

November 6, 2026
Deal Announcements

ARM Energy Closes $600MM Revolving Credit Facility with Bank Syndicate

November 6, 2026
Deal Announcements

NXT Capital Closes Senior Credit Facility in Support of Pfingsten Partners’ Acquisition

November 6, 2026
Deal Announcements

eCapital Provides $10MM Accounts Receivable Financing Facility to AI Data Services Provider

November 6, 2026
Deal Announcements

Sallyport Delivers $1.5MM to Specialty Food Manufacturer

November 6, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
Deal Announcements

TPG Twin Brook Supports Blue Sea Capital

November 6, 2026
Next Post
The Tariff Paradox: Why Economic Nationalism — and Its Risks for Lenders — May Be Here to Stay

Midsize Firms' Tariff Bills Ease from October Peak but Stay More Than Double Pre-2025 Levels, JPMorgan Chase Institute Finds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The Middle Market Debt Weekly – March 31, 2025

Sponsors Turn Debt Into Distributions: How Leveraged Loan Recaps Became Private Equity’s Exit Substitute

October 23, 2026

When AI Does the Tracing, Who Trains the Next Examiner?

November 5, 2026

Why Venture Debt Defies Broad Labels

October 14, 2026

Sorry, It Was Nothing Personal

October 11, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • Articles & Insights
    • Resolving MCA Distress
    • Resolving Business Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Molloy Associates
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years