 One of the Korean-American community's more prominent banks says it might not be able to raise enough capital to pass regulatory muster. The feds are giving Hanmi until July 31 to increase its capital by $100 million. In a regulatory filing, Hanmi said that it would continue to deleverage its long-term assets until the capital is raised. The bank has already retained Capello Capital Corp to explore options. Hanmi's slogan? "Life gets better." (Reuters)
One of the Korean-American community's more prominent banks says it might not be able to raise enough capital to pass regulatory muster. The feds are giving Hanmi until July 31 to increase its capital by $100 million. In a regulatory filing, Hanmi said that it would continue to deleverage its long-term assets until the capital is raised. The bank has already retained Capello Capital Corp to explore options. Hanmi's slogan? "Life gets better." (Reuters)
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   Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.
Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.