Hope Bancorp, entered into a definitive agreement under which Bank of Hope will acquire the commercial banking unit (CBU) of SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas and Sumitomo Mitsui Banking. In addition, Bank of Hope and SMBC intend to enter into a collaboration and partnership agreement to provide commercial and consumer banking services to SMBC’s Japanese midsize business and retail customers needing banking services in the United States. The acquisition adds approximately $2.5 billion in loans and $2.7 billion in deposits, based...