Monday Rundown: Cathay Completes Purchase of New York Lender, Molina …

Monday Rundown: Cathay Completes Purchase of New York Lender, Molina …

Chinatown's Cathay General Bancorp has completed its purchase of Asia Bancshares Inc. in Flushing, N.Y., expanding the reach of Cathay, L.A.'s oldest Chinese-American bank, in the Big Apple, the bank announced Monday. Under the terms of the deal, …

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