{"id":760131,"date":"2023-05-23T16:47:01","date_gmt":"2023-05-23T20:47:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/east-west-bank-appoints-dr-jason-hsu-of-rayliant-global-advisors-as-chief-economist\/"},"modified":"2023-05-23T16:47:01","modified_gmt":"2023-05-23T20:47:01","slug":"east-west-bank-appoints-dr-jason-hsu-of-rayliant-global-advisors-as-chief-economist","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/east-west-bank-appoints-dr-jason-hsu-of-rayliant-global-advisors-as-chief-economist\/","title":{"rendered":"East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nEast West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist<\/p>\n<p>PASADENA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEast West Bancorp, Inc. (&#8220;East West&#8221; or the &#8220;Company&#8221;) (Nasdaq: EWBC), parent company of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.eastwestbank.com%2F&amp;esheet=53405847&amp;newsitemid=20230523006078&amp;lan=en-US&amp;anchor=East+West+Bank&amp;index=1&amp;md5=46cf0059a57f09fa7bdf5d9be854a04d\">East West Bank<\/a>, today announced the appointment of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Frayliant.com%2Fdt_team%2Fjason-hsu%2F&amp;esheet=53405847&amp;newsitemid=20230523006078&amp;lan=en-US&amp;anchor=Dr.+Jason+Hsu&amp;index=2&amp;md5=d9e1f1df69768ed6b2ae1f61a813496a\">Dr. Jason Hsu<\/a>, founder and Chief Investment Officer of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Frayliant.com%2F&amp;esheet=53405847&amp;newsitemid=20230523006078&amp;lan=en-US&amp;anchor=Rayliant+Global+Advisors&amp;index=3&amp;md5=7226b8381edd4677efd92aa9c2e9a21a\">Rayliant Global Advisors<\/a> (\u201cRayliant\u201d), as the Chief Economist for East West Bank. In tandem with Dr. Hsu\u2019s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in Rayliant, the firm he founded in 2016 and will continue to run. This partnership will expand the Bank\u2019s wealth management business and allow East West to provide institutional-quality investment management products and services to its clients. The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions, including receipt of regulatory approvals.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230523006078\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230523006078\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 384px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230523006078\/en\/1801548\/4\/Jason_Hsu_%28Rayliant%29.jpg\" alt=\"Rayliant founder and new East West Bank Chief Economist Dr. Jason Hsu (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Rayliant founder and new East West Bank Chief Economist Dr. Jason Hsu (Photo: Business Wire)<\/p>\n<\/div>\n<p>\n\u201cDr. Hsu is a preeminent leader in the fields of finance and investment management, and we are delighted to welcome him as the Chief Economist of East West Bank,\u201d stated Dominic Ng, Chairman and Chief Executive Officer of East West Bancorp. \u201cAs we celebrate East West Bank\u2019s 50<sup>th<\/sup> anniversary, we are looking ahead to help our clients reach further and benefit from investment and asset management services enhanced by Rayliant\u2019s capabilities and Dr. Hsu\u2019s expertise,\u201d Ng concluded.<\/p>\n<p>\nEast West\u2019s investment in Rayliant demonstrates the Bank\u2019s ongoing commitment to enhance and expand its investment solutions available to clients. Since Rayliant\u2019s founding, the firm has focused on synthesizing elements of behavioral finance, data science, and local market insights to create and deploy innovative investment strategies. Further, Dr. Hsu\u2019s macroeconomic insights, combined with East West\u2019s existing cross-border expertise will provide the Bank\u2019s clients and partners with thoughtful analysis on the global economy and markets.<\/p>\n<p>\n\u201cEast West Bank and Rayliant were both founded on a shared mission of serving as the bridge between the East and West. I look forward to helping the Bank capture new opportunities as we deliver upon this shared mission,\u201d added Dr. Hsu. \u201cAs we help clients navigate the current global economic environment, it is crucial to employ strategies that create significant value for investors while helping them mitigate risks, prepare for uncertainty, and better understand market movements in the U.S., Asia, and beyond.\u201d<\/p>\n<p>\nPrior to founding Rayliant, Dr. Hsu was the co-founder and vice chairman of Research Affiliates, a leading provider of smart beta and asset allocation investment solutions. In addition to his current roles at Rayliant and East West Bank, Dr. Hsu also is a professor of Finance and a member of the Board of Directors at the Anderson School of Management at University of California Los Angeles (UCLA). He also has held visiting professorships at Tsinghua University, Kyoto University, and National Chengchi University.<\/p>\n<p>\nTo learn more or to set up a media interview, please contact <a rel=\"nofollow\" href=\"mailto:corporatecommunications@eastwestbank.com\">corporatecommunications@eastwestbank.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About Rayliant Global Advisors<\/span><\/b><\/p>\n<p>\nRayliant develops innovative investment strategies that bring together elements of behavioral finance, data science, and local market insights. Rayliant\u2019s strategies were used to manage $17 billion as of December 31, 2022. Its clientele includes institutional and high net worth investors globally. The firm has offices in Hong Kong, Los Angeles, London, Shanghai, Hangzhou, and Taipei. For more information about Rayliant, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rayliant.com&amp;esheet=53405847&amp;newsitemid=20230523006078&amp;lan=en-US&amp;anchor=www.rayliant.com&amp;index=4&amp;md5=24e733a85643db4c69f171440c27ac16\">www.rayliant.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About East West Bank<\/span><\/b><\/p>\n<p>\nEast West provides financial services that help customers reach further and connect to new opportunities. East West Bancorp, Inc. is a public company (Nasdaq: \u201cEWBC\u201d) with total assets of $67.2 billion. The Company\u2019s wholly-owned subsidiary, East West Bank, is the largest independent bank headquartered in Southern California, and operates over 120 locations in the United States and Asia. The Bank\u2019s markets in the United States include California, Georgia, Illinois, Massachusetts, Nevada, New York, Texas, and Washington. For more information on East West, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.eastwestbank.com&amp;esheet=53405847&amp;newsitemid=20230523006078&amp;lan=en-US&amp;anchor=www.eastwestbank.com&amp;index=5&amp;md5=4931ef02316e601b03340bc24ebc54a5\">www.eastwestbank.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230523006078r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230523006078\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230523006078\/en\/<\/a><\/span><\/p>\n<p><a rel=\"nofollow\" href=\"mailto:corporatecommunications@eastwestbank.com\">corporatecommunications@eastwestbank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230523006078\/en\/489695\/3\/EWB_Logo_Sm_Eng_Tag_Horz_Pos_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230523006078\/en\/1801548\/3\/Jason_Hsu_%28Rayliant%29.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Rayliant founder and new East West Bank Chief Economist Dr. Jason Hsu (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist PASADENA, Calif.&#8211;(BUSINESS WIRE)&#8211; East West Bancorp, Inc. (&#8220;East West&#8221; or the &#8220;Company&#8221;) (Nasdaq: EWBC), parent company of East West Bank, today announced the appointment of Dr. Jason Hsu, founder and Chief Investment Officer of Rayliant Global Advisors (\u201cRayliant\u201d), as the Chief Economist for East West Bank. In tandem with Dr. Hsu\u2019s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in Rayliant, the firm he founded in 2016 and will continue to run. This partnership will expand the Bank\u2019s wealth management business and allow East West to provide institutional-quality investment management products and services to its clients. The transaction is expected &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/east-west-bank-appoints-dr-jason-hsu-of-rayliant-global-advisors-as-chief-economist\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760131","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/east-west-bank-appoints-dr-jason-hsu-of-rayliant-global-advisors-as-chief-economist\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist PASADENA, Calif.&#8211;(BUSINESS WIRE)&#8211; East West Bancorp, Inc. (&#8220;East West&#8221; or the &#8220;Company&#8221;) (Nasdaq: EWBC), parent company of East West Bank, today announced the appointment of Dr. Jason Hsu, founder and Chief Investment Officer of Rayliant Global Advisors (\u201cRayliant\u201d), as the Chief Economist for East West Bank. In tandem with Dr. Hsu\u2019s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in Rayliant, the firm he founded in 2016 and will continue to run. This partnership will expand the Bank\u2019s wealth management business and allow East West to provide institutional-quality investment management products and services to its clients. 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(&#8220;East West&#8221; or the &#8220;Company&#8221;) (Nasdaq: EWBC), parent company of East West Bank, today announced the appointment of Dr. Jason Hsu, founder and Chief Investment Officer of Rayliant Global Advisors (\u201cRayliant\u201d), as the Chief Economist for East West Bank. In tandem with Dr. Hsu\u2019s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in Rayliant, the firm he founded in 2016 and will continue to run. This partnership will expand the Bank\u2019s wealth management business and allow East West to provide institutional-quality investment management products and services to its clients. 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