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Former lieutenant governer-turned-US Congresswoman-turned-Senate candidate Mazie Hirono.
Hawaii Part of Landmark $25B Foreclosure Relief Deal
February 10th, 2012 · Comments Off · Comments Via Facebook (0) · Maui Business
 

Hawaii is one of 49 states that agreed to a $25 billion settlement with the nations 5 largest mortgage lenders, according to the US Dept. of Justice on Thursday.


Central Pacific Completes $325 Million Capital Raise, TARP Stock Exchange
Central Pacific Completes $325 Million Capital Raise, TARP Stock Exchange
February 22nd, 2011 · Comments Off · Maui Business
 

Central Pacific Financial Corp. (CPF), parent company of Central Pacific, last Friday announced the successful completion of its previously announced $325 million capital raise.


Gov. Neil Abercrombie. File photo by Wendy Osher.
First Hawaiian Bank President Nominated to Board of Education
February 9th, 2011 · Comments Off · Featured, Maui Business
 

Governor Neil Abercrombie this morning made his first appointment to the Board of Education (BOE) announcing that Don Horner will fill the vacant O‘ahu-at-Large seat.


Constance Lau Appointed to Federal Reserve Bank Advisory Council
Constance Lau Appointed to Federal Reserve Bank Advisory Council
February 9th, 2011 · Comments Off · Maui Business
 

Constance H. Lau, president & CEO of Hawaiian Electric Industries, Inc. and chairman of American Savings Bank, has been appointed to the newly-formed Twelfth District Community Depository Institutions Advisory Council (CDIAC).


File photo.
Bank of Hawaii’s Mike Lyons Maui Community Award Increased to $25,000
February 8th, 2011 · Comments Off · Featured, Maui Business
 

The Bank of Hawaii has increased its Mike Lyons Maui Community Award to $25,000 for 2011. Applications for this prestigious award are due March 17.


Central Pacific Financial 1-for-20 Stock Split Starts Trading Tomorrow
Central Pacific Financial 1-for-20 Stock Split Starts Trading Tomorrow
February 3rd, 2011 · Comments Off · Maui Business
 

Central Pacific Financial Corp. (CPF), parent company of Central Pacific Bank (CPB), today announced that the one-for-twenty reverse stock split of its outstanding common stock will begin trading tomorrow, February 3.


File image by Wendy Osher.
Bank of Hawaii Net Income Grows 27.7% in 2010
January 25th, 2011 · Comments Off · Maui Business
 

By Sonia Isotov While the Bank of Hawaii (BOH) yesterday reported flat net income for the 4th quarter 2010, and for the year, BOH reported a 27.7% net income increase. Bank of Hawaii Corporation yesterday reported net income of $40.6 million or $0.84 per diluted share for the fourth quarter of 2010 compared with $40.5 […]


Central Pacific Bank’s Parent Plans Reverse Stock Split to Avoid Regulatory Action
Central Pacific Bank’s Parent Plans Reverse Stock Split to Avoid Regulatory Action
January 24th, 2011 · Comments Off · Maui Business
 

Over the past several months, the parent company of Central Pacific Bank (CPB), the Central Pacific Fund, Inc. (CPF) announced various transactions in connection with its proposed $325 recapitalization effort.


Image courtesy of First Hawaiian Bank
First Hawaiian Bank Posts 5.8% Earnings Increase for 2010
January 21st, 2011 · Comments Off · Maui Business
 

First Hawaiian Bank reported net income of $50.2 million for the fourth quarter 2010, a 4.0 percent gain over the comparable fourth quarter.


Image courtesy of First Hawaiian Bank
First Hawaiian Bank & Employees Committ $2.5M to Hawaii Charities For 2011
January 17th, 2011 · Comments Off · Maui Business
 

On Maui and Lani, Imua Family Services is among the beneficiaries of more than $2.5 million in donations committed by First Hawaiian Bank and its employees for 2011.


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