Banking technology should simplify your life so that you spend more time working on your business and shaping it into the ...

Hawaiian Electric Industries has sold the majority of shares of its American Savings Bank subsidiary to a mix of independent ...

Hawaiian Electric Industries announced the sale of American Savings Bank to independent investors, allowing HEI to reduce ...

Hawaiian Electric Industries Inc. has sold over 90% of its subsidiary American Savings Bank to independent investors in a ...

The $450 million deal follows the Hawaiian utility company’s agreement last year to put close to $2 billion toward a joint ...

Hawaiian Electric sells 90.1% stake in American Savings Bank for $405 million, allowing it to focus on core utility business ...

The Honolulu-based utility sold a 90.1% stake in American Savings Bank. The deal valued the lender at $450 million.

Lenders across the country promoted from within to fill top executive roles, including First International Bank & Trust in ...

Hawaiian Electric Industries has sold more than 90% of its equity in American Savings Bank, which will now operate as an independent bank, for $405 million in cash. The utility company said Tuesday ...

Formerly American Savings Bank’s wholly-owned subsidiary, Hawaiian Electric Industries, Inc. will retain a 9.9% non-controlling interest after its sale to independent investors to continue to ...

Curtis said collecting over $400 million from the sale and shedding responsibility for American Savings will enable Hawaiian ...