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Territorial sale tensions escalate as shareholder vote approaches

American Banker

The Honolulu-based bank's board continues to recommend selling to Hope Bancorp in Los Angeles, despite a competing offer that includes a higher price tag.

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Territorial in Hawaii rebuffs offer, doubles down on sale to LA bank

American Banker

The Honolulu-based seller said it rejected a competing bid from an investor group and would stick with its plan to sell to Hope Bancorp for $78.6 million in stock.

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Bank of Hawaii, hit by unrealized bond losses, eyes capital raise

American Banker

The Honolulu bank is raising $165 million through depositary shares, a move that two observers said would help boost its below-average leverage ratio.

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Territorial in Hawaii postpones merger vote as competing offer lurks

American Banker

Honolulu-based Territorial Bancorp is delaying the approval vote by about four weeks in order to continue discussions with its shareholders. A group that includes a former Bank of Hawaii CEO is trying to scuttle the $78 million deal with Los Angeles-based Hope Bancorp.

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ICBA Live Showcases the Community Banking Difference

William Mills

Thousands of community bankers and fintechs converged in Honolulu over the weekend of March 12, when the stability of our nation’s financial markets was being challenged (yet again). ICBA LIVE could not have been timed better.

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Toyota Brings Car Sharing To Hawaii

PYMNTS

Toyota has announced that it is offering a car share service for residents and visitors in Honolulu, Hawaii. And thanks to Servco’s strong relationships with consumers and extensive knowledge of this market, Hui will be the most accessible car share service in Honolulu by far.”.

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Uber Connect Expands For Holiday Package Delivery

PYMNTS

locations recently added for Uber Connect include Atlanta, Boston, Charlotte, Charleston, Cincinnati, Cleveland, Columbus, Connecticut, Detroit, Fort Myers-Naples, Hampton Roads, Honolulu, Indianapolis, Jacksonville, Kansas City, Las Vegas, Milwaukee, Minneapolis-St.

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