1
|
NAME
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY)
|
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
|
(a)
|
o
|
|
(b)
|
x
|
3
|
SEC
USE ONLY
|
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING PERSON
WITH
|
5
|
SOLE
VOTING POWER
|
6
|
SHARED
VOTING POWER
|
7
|
SOLE
DISPOSITIVE POWER
|
8
|
SHARED
DISPOSITIVE POWER
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
|
o
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
12
|
TYPE
OF REPORTING PERSON
|
|
1
|
NAME
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY)
Corsair
III Financial Services Capital Partners,
L.P.
|
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
|
|
(a)
|
o
|
|
(b)
|
x
|
3
|
SEC
USE ONLY
|
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING PERSON
WITH
|
5
|
SOLE
VOTING POWER
|
6
|
SHARED
VOTING POWER
|
7
|
SOLE
DISPOSITIVE POWER
|
8
|
SHARED
DISPOSITIVE POWER
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
|
o
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
12
|
TYPE
OF REPORTING PERSON
|
|
ITEM
1(a).
|
NAME
OF ISSUER:
|
East West
Bancorp, Inc. (the “Issuer”)
ITEM
1(b).
|
ADDRESS
OF ISSUER’S PRINCIPAL EXECUTIVE
OFFICES:
|
135 North
Los Robles Ave., 7th Floor
Pasadena,
California, 91101
ITEM
2(a).
|
NAME
OF PERSON FILING:
|
The names of the persons filing this
statement on Schedule 13G are: Corsair Access LLC, Corsair Capital
LLC and Corsair III Financial Services Capital Partners, L.P.
ITEM
2(b).
|
ADDRESS
OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
|
The
principal business address for each of Corsair Access LLC, Corsair Capital LLC
and Corsair III Financial Services Capital Partners, L.P. is:
717 Fifth
Avenue, 24
th
Floor
New York,
New York 10022
Each of
Corsair Access LLC and Corsair Capital LLC is a limited liability company formed
under the laws of Delaware.
Corsair
III Financial Services Capital Partners, L.P. is a limited partnership formed
under the laws of Delaware.
ITEM
2(d).
|
TITLE
OF CLASS OF SECURITIES:
|
Common
Stock (the “Common Stock”)
27579R104
ITEM
3.
|
IF
THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS
A:
|
(a)
|
o
|
Broker
or dealer registered under Section 15 of the Exchange
Act.
|
|
|
|
(b)
|
o
|
Bank
as defined in Section 3(a)(6) of the Exchange Act.
|
|
|
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(c)
|
o
|
Insurance
company defined in Section 3(a)(19) of the Exchange
Act.
|
|
|
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(d)
|
o
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Investment
company registered under Section 8 of the Investment Company
Act.
|
|
|
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(e)
|
o
|
An
investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E).
|
|
|
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(f)
|
o
|
An
employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F).
|
|
|
|
(g)
|
o
|
A
parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G).
|
|
|
|
(h)
|
o
|
A
savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act.
|
|
|
|
(i)
|
o
|
A
church plan that is excluded from the definition of an investment company
under Section 3(c)(14) of the Investment Company Act;
|
|
|
|
(j)
|
o
|
Group,
in accordance with Rule
13d-1(b)(1)(ii)(J).
|
If this statement is filed pursuant to
Rule 13d-1(c), check this box
x
Provide
the following information regarding the aggregate number and percentage of the
class of securities of the issuer identified in Item 1.
|
(a)
|
Amount
beneficially owned:
|
Corsair
Access LLC directly beneficially owns 14,491,197 shares of Common Stock, which
consists of 4,979,914 shares of Common Stock and 9,511,283 shares of Common
Stock issuable upon conversion of 85,982 shares of Series C Preferred Stock,
which is to occur following the receipt of approval of such conversion by the
Issuer’s stockholders and
the expiration or
termination of any waiting period under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended.
Corsair
III Financial Services Capital Partners, L.P. may be deemed to indirectly
beneficially own 10,648,299 shares of Common Stock by virtue of its direct
ownership interest in Corsair Access LLC.
Corsair
Capital LLC may be deemed to indirectly beneficially own 11,172,665 shares of
Common Stock indirectly beneficially owned by Corsair III Financial Services
Offshore 892 Partners, L.P. and Corsair III Financial Services Capital Partners,
L.P. by virtue of their direct ownership interest in Corsair Access
LLC.
See Item
11 to the Cover Pages to this Schedule 13G.
The
percent of class calculations in this Schedule 13G are based upon 147,042,373
shares of Common Stock outstanding, which consist of (i) 91,732,640 shares of
Common Stock outstanding on October 31, 2009 as reported in the Issuer’s
quarterly report on Form 10-Q filed on November 4, 2009, (ii) 18,247,012 shares
of Common Stock issued and
sold by the Issuer in the
event which requires the filing of this statement and (iii) 37,062,721 shares of
Common Stock issuable upon the conversion of 335,047 shares of Series C
Preferred Stock issued and
sold by the Issuer in the
event which requires the filing of this statement, which is to occur following
the receipt of approval of such conversion by the Issuer’s stockholders and
the expiration or
termination of any waiting period under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended.
|
(c)
|
Number
of shares as to which such person
has:
|
|
(i)
|
Sole
power to vote or to direct the vote
|
See Item
5 on the Cover Pages to this Schedule 13G.
|
(ii)
|
Shared
power to vote or to direct the vote of shares of Common
Stock:
|
See Item
6 on the Cover Pages to this Schedule 13G.
|
(iii)
|
Sole
power to dispose or to direct the disposition of shares of Common
Stock:
|
See Item
7 on the Cover Pages to this Schedule 13G.
|
(iv)
|
Shared
power to dispose or to direct the disposition of shares of Common
Stock:
|
See Item
8 on the Cover Pages to this Schedule 13G.
ITEM
5.
|
OWNERSHIP
OF FIVE PERCENT OR LESS OF A CLASS.
|
If this
statement is being filed to report the fact that as of the date hereof the
Reporting Persons have ceased to be the beneficial owner of more than five
percent of the class of securities, check the following
o
.
ITEM
6.
|
OWNERSHIP
OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
|
Not
applicable.
ITEM
7.
|
IDENTIFICATION
AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING
COMPANY.
|
Not
applicable.
ITEM
8.
|
IDENTIFICATION
AND CLASSIFICATION OF MEMBERS OF THE
GROUP.
|
Not
applicable.
ITEM
9.
|
NOTICE
OF DISSOLUTION OF GROUP.
|
Not
applicable.
By
signing below the undersigned certifies that, to the best of its knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or
effect.
SIGNATURE
After
reasonable inquiry and to the best of its knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated:
December
4, 2009
CORSAIR
ACCESS LLC
|
|
By: Corsair
III Management L.P., its Managing Member
|
By: Corsair
Capital LLC, its General Partner
|
|
|
|
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|
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|
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|
|
By:
|
/s/ D.T. Ignacio
Jayanti
|
|
|
Name:
|
D.T.
Ignacio Jayanti
|
|
|
Title:
|
President
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By:
|
/s/ D.T. Ignacio
Jayanti
|
|
|
Name:
|
D.T.
Ignacio Jayanti
|
|
|
Title:
|
President
|
|
CORSAIR
III FINANCIAL SERVICES CAPITAL
PARTNERS,
L.P.
|
By: Corsair
III Management L.P., its General Partner
|
By: Corsair
Capital LLC, its General Partner
|
|
|
|
|
|
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|
|
|
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|
|
By:
|
/s/ D.T. Ignacio
Jayanti
|
|
|
Name:
|
D.T.
Ignacio Jayanti
|
|
|
Title:
|
President
|
|