- Current report filing (8-K)
April 08 2009 - 12:25PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
April 3, 2009
Date of Report (date of
earliest event reported)
EAST WEST BANCORP, INC.
(Exact name of registrant as specified in its
charter)
Commission file number
000-24939
Delaware
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95-4703316
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(State or Other Jurisdiction of Incorporation or Organization)
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(IRS Employer Identification Number)
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135 N Los Robles Ave., 7th Floor, Pasadena,
California 91101
(Address of principal executive offices including zip code)
(626) 768-6000
(Registrants telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
o
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
ITEM 4.01 Changes in Registrants Certifying
Accountant.
(a) Dismissal of Previous Independent Registered Public Accounting
Firm
On April 3, 2009, the Audit Committee of the Board of Directors of
East West Bancorp, Inc. (the Company) dismissed Deloitte &
Touche LLP (Deloitte) as the Companys independent registered public
accounting firm.
During the Companys two most recent fiscal years ended December 31,
2008 and 2007 and from January 1, 2009 through April 2, 2009, there
were no disagreements between the Company and Deloitte on any matter of
accounting principle or practice, financial statement disclosure, or auditing
scope or procedure that, if not resolved to Deloittes satisfaction, would have
caused it to make reference to the matter in conjunction with its report on the
Companys consolidated financial statements for the relevant year; and there
were no reportable events as defined in Item 304(a)(1)(v) of Regulation
S-K.
The audit reports of Deloitte on the consolidated financial statements
of the Company and its subsidiaries for the years ended December 31, 2008
and 2007 did not contain an adverse opinion or disclaimer of opinion and were
not qualified or modified as to uncertainty, audit scope or accounting
principles.
The Company furnished a copy of the above disclosure to Deloitte and
requested that Deloitte provide a letter addressed to the Commission stating
whether or not it agrees with the statements made above. A copy of such letter,
dated April 7, 2009, is filed as Exhibit 16.1 to this Form 8-K.
(b) Engagement of New Independent Registered Public Accounting
Firm
Additionally on April 3, 2009, the Audit Committee approved the
engagement of KPMG LLP (KPMG) as the Companys independent registered public
accounting firm commencing with the audit for the fiscal year ending December 31,
2009. During the Companys two fiscal years ended December 31, 2008 and
2007 and through April 2, 2009, neither the Company, nor anyone on its
behalf, consulted with KPMG regarding either (i) the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that might be rendered on the Companys
consolidated financial statements, and no written report or oral advice was
provided by KPMG to the Company that KPMG concluded was an important factor
considered by the Company in reaching a decision as to the accounting, auditing
or financial reporting issue; or (ii) any matter that was the subject of
either a disagreement as defined in Item 304(a)(1)(iv) of Regulation S-K
or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
16.1
Letter
from Deloitte & Touche LLP to the Securities and Exchange Commission
dated April 7, 2009
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: April 8, 2009
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EAST WEST BANCORP, INC.
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By:
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/s/ Douglas P. Krause
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Douglas P. Krause
Executive Vice President,
General Counsel and Corporate Secretary
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3
EXHIBIT INDEX
Exhibit No.
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Number Description
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Exhibit 16.1
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Letter from Deloitte & Touche LLP to the Securities and
Exchange Commission dated April 7, 2009
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