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Cathay General Bancorp Announces Leadership Transition Changes
Company Announcements

Cathay General Bancorp Announces Leadership Transition Changes

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Invest with Confidence:

An announcement from Cathay General Bancorp ( (CATY) ) is now available.

Cathay General Bancorp announced that Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank on January 21, 2025. He will continue to serve as Executive Vice President, Special Advisor for a transition period ending March 31, 2025. Diana Deen will succeed Mr. Bingham as Executive Vice President and Chief Risk Officer, effective January 21, 2025, bringing over 20 years of experience in banking, particularly in risk management and compliance. Her previous roles include leadership positions at Bank of the West, Wells Fargo, and JPMorgan Chase.

More about Cathay General Bancorp

Cathay General Bancorp, listed on Nasdaq as CATY, is the holding company for Cathay Bank, a California state-chartered bank founded in 1962. It offers a wide range of financial services through over 60 branches in the United States, including locations in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. It also has international presence with a branch in Hong Kong and representative offices in Beijing, Shanghai, and Taipei.

YTD Price Performance: 2.61%

Average Trading Volume: 327,973

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.44B

Learn more about CATY stock on TipRanks’ Stock Analysis page.

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