QUOTE AND NEWS
TheStreet.com  Nov 16  Comment 
U.S. regulators reportedly spurned an offer by a China-based bank to acquire UCBH Holdings, which later failed, costing taxpayers an estimated $1.7 billion.
MarketWatch  Nov 12  Comment 
If you’ve heard about all the bank failures -- 120 in total this year -- you’ve got to be wondering about the safety of your money.
TheStreet.com  Nov 11  Comment 
The failure of California bank UCBH Holdings on Nov. 6 is likely to go down as the second loss of a TARP investment by the Treasury.
Bloomberg  Nov 10  Comment 
(Update1) China Minsheng Banking Corp., the lender that’s planning a Hong Kong stock sale, booked an 824 million yuan ($121 million) loss on its stake in UCBH Holdings Inc., whose bank was seized by U.S. regulators last week.
StreetInsider.com  Nov 9  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/S%26P+Announces+Change+to+US+Index%3A+LL+for+UCBH/5091314.html for the full story.
MarketWatch  Nov 9  Comment 
The second loss from the government’s Troubled Asset Relief Program, or TARP, may come from the failure of San Francisco-based bank UCBH Holdings.
MarketWatch  Nov 9  Comment 
Shares of East West Bancorp surge almost 50% after the Asian-focused California bank acquired failed rival UCBH Holdings and got government backing through a loss-sharing agreement with the FDIC.
Bloomberg  Nov 7  Comment 
UCBH Holdings Inc.’s United Commercial Bank, a San Francisco-based lender with $11.2 billion in assets, was seized by regulators today, becoming the 120th U.S. bank to fail this year.
Reuters  Oct 14  Comment 
Minsheng Bank , China's first listed non-state lender, cannot take a controlling stake in U.S. bank UCBH Holdings Inc , because of regulatory limitations, a source told Reuters on Wednesday.
StreetInsider.com  Oct 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/UCBH+%28UCBH%29+Soars+on+Minsheng+Talks/5001767.html for the full story.
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UCBH AT A GLANCE
P/E -1.01 
EV/EBITDA 1.31VERY LOW
ROA 2.8%AVG
ROE -30.9%AVG
Interest Coverage Ratio 0.349AVG
 
 
 
 
 
 
 
 




References

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