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Bank of Hope acquires SMBC MANUBANK unit

PRIVATEOct 01, 2026

Acquiring Company

Bank of Hope

Acquired Company

SMBC MANUBANK

Los AngelesLos AngelesFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

Bank of Hope has completed its acquisition of the Commercial Banking Unit of SMBC MANUBANK. This acquisition enhances Bank of Hope's commercial banking capabilities. It allows for diversification and brings in experienced professionals to the team. The transaction is part of Bank of Hope's strategy to strengthen its market position.

Company Information

Company

Bank of Hope

Location

Los Angeles, California, United States

About

Bank of Hope is a recognized banking institution in the United States, focused on serving diverse communities with tailored banking solutions. It is a subsidiary of Hope Bancorp, Inc. that aims to enhance its commercial banking capabilities. The bank offers a wide range of services, particularly for Asian multinational businesses and local communities.

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Frequently asked

Who acquired SMBC MANUBANK?

SMBC MANUBANK was acquired by Bank of Hope, based in Los Angeles. The deal was reported on October 1, 2026. Bank of Hope is a recognized banking institution in the United States, focused on serving diverse communities with tailored banking solutions. It is a subsidiary of Hope Bancorp, Inc. Bank of Hope is privately held and operates in Financial Services.

When did Bank of Hope acquire SMBC MANUBANK?

Bank of Hope's acquisition of SMBC MANUBANK was reported on October 1, 2026. Bank of Hope has completed its acquisition of the Commercial Banking Unit of SMBC MANUBANK. This acquisition enhances Bank of Hope's commercial banking capabilities. It allows for diversification and brings in experienced professionals to the team. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SMBC MANUBANK do?

SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc., delivers tailored financial solutions, combined with first-class technology and a client-first service model. It is privately held, operating in Financial Services, and is based in Los Angeles.

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