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Are you running an international business or preparing to travel abroad? You’ll need to swap out your local money for foreign currency. But what’s the most efficient and cost-effective way to do this? Use this blog to guide converting U.S. dollars to foreign currencies and vice versa.
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For the third consecutive year, our President and Chief Executive Officer, Mr. Chang M. Liu, has been named one of the LA500 by the Los Angeles Business Journal.
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There are numerous advantages to conducting international business. However, cross-border trading also means dealing in different currencies. Consider these foreign exchange risk management techniques to protect your business.
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Internal Audit Awareness Month is an annual campaign aimed at raising awareness about the purpose and benefits of internal audits. Internal audit activity involves assessing an organization's internal control, risk management, and governance processes to provide an independent and objective evaluation of their effectiveness.
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Our Executive Vice President and Chief Lending Officer, Jim Haney, discusses the 2023 business outlook with L.A. Times B2B Publishing, weighing in on the food and beverage industry.
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Cathay Bank has a strong balance sheet, ample access to cash, reliable access to capital, and a disciplined approach to managing risk. You can continue to bank with us knowing your money is safe.
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Cathay Wealth Management offers fiduciary services for wealthy individuals without requiring constant oversight. Let’s look at the basics of wealth management and the services typically used by high-net-worth individuals.
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Cathay General Bancorp (CATY), the holding company of Cathay Bank, is ranked #8 on the 2022 S&P Global Market Intelligence ranking of U.S. public banks by financial performance.
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In the latest report, “The Uncertain Economy and The Reshaping of Global Supply Chains The U.S. — China Economic Outlook,” the key economic challenges both nations face amid increasingly aggressive interest rate hikes, financial instability, and widespread domestic concerns are discussed.
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