News & Noteworthy

Deal Announcement - Bob Schwartz, Greg Krauss Represent New Jersey Based Korean-American Bank in $32.5 Million Acquisition by Wilshire Bancorp
JUNE 10, 2013

Bob Schwartz (Partner, New Brunswick) and Greg Krauss (Associate, New Brunswick) represented BankAsiana, the largest Korean-American bank headquartered in the New York/New Jersey market with total assets of $207.3 million, in connection with its acquisition by Wilshire Bancorp for approximately $32.5 million.

The transaction is structured as a series of mergers in which BankAsiana will ultimately merge into Wilshire State Bank, with Wilshire State Bank as the surviving entity.

Read the press release.

Learn more about Windels Marx's work in Banking and Mergers & Acquisitions.

Windels Marx helps you harness opportunity and mitigate risk with a team that provides your business with the service, quality and value essential to a trusted relationship.