Fundz

Bank of Hope to Acquire SMBC MANUBANK's CBU

PRIVATEMar 31, 2026

Acquiring Company

Bank of Hope

Acquired Company

SMBC MANUBANK

Los AngelesLos AngelesFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

Bank of Hope has entered into a definitive agreement to acquire the Commercial Banking Unit of SMBC MANUBANK. This all-cash transaction aims to enhance commercial banking capabilities and expand services to Asian clients. The acquisition adds significant loans and deposits, furthering Bank of Hope's presence in the greater Los Angeles area.

Quick answer

Bank of Hope is acquiring SMBC MANUBANK, announced March 31, 2026. Bank of Hope is based in Los Angeles, California, United States.

How much did Bank of Hope pay for SMBC MANUBANK?
The deal value was not disclosed.
What does Bank of Hope do?
Bank of Hope is a recognized banking institution in the United States, focused on serving diverse communities with tailored banking solutions.
Where are Bank of Hope and SMBC MANUBANK based?
Bank of Hope is based in Los Angeles, California, United States. SMBC MANUBANK is based in Los Angeles, California, United States.
Who are the decision-makers at Bank of Hope?
Fundz holds 1 contact at Bank of Hope. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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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 March 31, 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 March 31, 2026. Bank of Hope has entered into a definitive agreement to acquire the Commercial Banking Unit of SMBC MANUBANK. This all-cash transaction aims to enhance commercial banking capabilities and expand services to Asian clients. 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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