trending Market Intelligence /marketintelligence/en/news-insights/trending/K93a-gVOmS0ePZAUcWoihg2 content esgSubNav
In This List

Hope Bancorp dismisses auditor

Blog

Spotlight on sustainability How banks can overcome the challenges of achieving Net zero by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Hope Bancorp dismisses auditor

Effective May 25, Hope Bancorp Inc.'s board appointed Crowe Horwath LLP its new independent auditor for 2017, thereby dismissing BDO LLP from that role.

Kevin Kim, president and CEO of Hope Bancorp and unit Bank of Hope, said that the company anticipates to file its 2017 first-quarter Form 10-Q with the Securities and Exchange Commission by no later than Aug. 15 and expects "timely filings going forward" based on preliminary discussions with the new independent audit firm.

"Having overcome the lengthy delay in completing the audit of our 2016 financial results with no material changes to our financial statements, we look forward to working expeditiously with Crowe Horwath to begin the 2017 audit process," Kim said in a news release.