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on august 5, deputy director jia changsheng met with li wen, chief representative for the beijing office of east west bank and his delegation. talks centered on establishing the bank's shenzhen branch, and reached an agreement on jointly carrying out investment promotion activities and forging a long-term cooperative relationship.
east west bank is the largest commercial bank of its kind, and mainly targets chinese-american clients in the us. it is the second largest bank headquartered in california, the largest in southern california, and one of the top 30 banks in the us. by the end of 2013, the banks total asset's amounted to us$24.7 billion; its net profits hit a record new high of us$995 million; and its total deposits reached us$20.4 billion. it has ranked in the forbes'top ten "top 100 american banks" for four consecutive years, from 2010 to 2013.