HOPE BANCORP, INC. (NASDAQ:HOPE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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HOPE BANCORP, INC. (NASDAQ:HOPE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Hope Bancorp, Inc. announced that on March 10, 2017, Mark H. Lee, Senior Executive Vice President and Head of Corporate Banking of its wholly owned subsidiary Bank of Hope, tendered his resignation effective March 24, 2017 in order to pursue another opportunity.

About HOPE BANCORP, INC. (NASDAQ:HOPE)

Hope Bancorp, Inc., formerly BBCN Bancorp, Inc., is the holding company of Bank of Hope. Bank of Hope is the regional Korean-American bank in the United States. Bank of Hope operates approximately 85 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia and Alabama. The Bank also operates small business administration (SBA) loan production offices in Seattle, Denver, Dallas, Atlanta, Northern California, Annandale, Virginia, Portland, Oregon and Fremont, California; residential mortgage loan production offices in California, and a representative office in Seoul, Korea. Bank of Hope specializes in business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).

HOPE BANCORP, INC. (NASDAQ:HOPE) Recent Trading Information

HOPE BANCORP, INC. (NASDAQ:HOPE) closed its last trading session down -0.15 at 20.73 with 286,826 shares trading hands.