East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist

Author's Avatar
May 23, 2023

East West Bancorp, Inc. ("East West" or the "Company") (Nasdaq: EWBC), parent company of East+West+Bank, today announced the appointment of Dr.+Jason+Hsu, founder and Chief Investment Officer of Rayliant+Global+Advisors (“Rayliant”), as the Chief Economist for East West Bank. In tandem with Dr. Hsu’s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in Rayliant, the firm he founded in 2016 and will continue to run. This partnership will expand the Bank’s wealth management business and allow East West to provide institutional-quality investment management products and services to its clients. The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions, including receipt of regulatory approvals.