East West Bancorp Inc is a bank holding company incorporated in Delaware on August 26, 1998. The Company commenced business on December 30, 1998. The Company offers banking services to individuals and small to mid-size businesses through its subsidiary bank, East West Bank and its subsidiaries. The Bank is the Company's principal asset. The Bank operates 119 banking locations in the United States, China and Hong Kong. The Bank offers multilingual services to its customers in English, Cantonese, Mandarin, Vietnamese, and Spanish. The Bank operates three segments: Retail Banking, Commercial Banking and Other are based on the Bank's core strategy. The Retail Banking segments engaged in primarily on retail operations through the Bank's branch network. The Commercial Banking segment, which includes commercial, industrial, and commercial real estate, primarily generates commercial loans through the efforts of the commercial lending offices located in the Bank's production offices in California, New York, Texas, and the New England region, among others. The remaining centralized functions, including the eliminations of intersegment amounts have been aggregated and included in the Other segment. The Bank has 94 branches located in Northern and Southern California. Additionally, the Bank has six branches in New York, four branches in Georgia, two branches in Massachusetts, one branch in Nevada, one branch in Texas, and four branches in Washington. In Greater China, East West's presence includes three full-service branches in Hong Kong, in Shanghai, and in Shantou. The Bank operates in China as East West Bank China (Limited), a full-service bank and wholly owned subsidiary of East West Bank. The Bank also has three representative offices in China located in Beijing, Guangzhou and Shenzhen and one in Taipei, Taiwan. The Company and the Bank are extensively regulated under both federal and state laws. The Bank competes for loans, deposits, and customers with other commercial banks, savings and loan associations, savings banks, securities and brokerage companies, mortgage companies, insurance companies, finance companies, money market funds, credit unions, and other nonbank financial service providers.