Hope Bancorp, based in Los Angeles, offers financial services through its subsidiary, Bank of Hope, employing 1,244 staff and operating over 54 branches. Its loan portfolio includes commercial real estate, commercial and industrial, residential mortgages, and consumer loans.
David P Malone sold 28,763 shares of HOPE on 10 December at $13.50 per share, worth a total of $388K. They now own 81,228 HOPE shares, or a 26% holding decrease.
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