Hope Bancorp says Bank of Hope wins regulatory OK for SMBC MANUBANK commercial banking unit deal
HOPE•Regulatory approval for commercial banking unit acquisition
Bank of Hope, owned by Hope Bancorp, received all required regulatory clearances to buy SMBC MANUBANK’s Commercial Banking Unit.
Closing is expected early in the fourth quarter of 2026, subject to customary closing conditions.
Approvals were granted by the FDIC and the California Department of Financial Protection and Innovation.
A partnership agreement will take effect at closing to serve SMBC’s Japan-based middle-market and retail customers in the US.
