Nara's Door Revolves Again As Yet Another CEO Departs

Kuehner-Hebert, Katie
February 2006
American Banker;2/17/2006, Vol. 171 Issue 33, p1
Trade Publication
This article reports on the resignation of Ho Yang as CEO of Nara Bancorp Inc. Some analysts speculated about the reason for the resignation in light of Benjamin Hong's acceptance of the CEO position of rival bank, Saehan Bancorp. Nara's bank subsidiary has been operating under a memorandum of understanding with the Federal Reserve Bank of San Francisco and the California Department of Financial Institutions. Analyst Scott Carmel thought Yang left because the competition was too strong.


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