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	<title>Business Insider Magazine - Los Angeles South Bay &#187; Hanmi Bank</title>
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		<title>Hanmi Financial posts hefty loss</title>
		<link>http://www.businessinsider.us/BusinessInsider/2009/11/hanmi-financial-posts-hefty-loss/</link>
		<comments>http://www.businessinsider.us/BusinessInsider/2009/11/hanmi-financial-posts-hefty-loss/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 22:40:11 +0000</pubDate>
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				<category><![CDATA[Editor's Choice Posts]]></category>
		<category><![CDATA[Finance and Economics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Hanmi Bank]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[Korean Community]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[torrance]]></category>

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		<description><![CDATA[<p><strong>Parent of bank serving Korean community, with branch in Torrance, ordered to raise $100 million.</strong></p>
<p>Hanmi Financial Corp., which owns the largest bank focused on the Korean American market, reported another large quarterly loss Thursday and said regulators had ordered it to raise $100 million in capital by July or face seizure.</p>
<p>The parent of Hanmi Bank wants to raise the new capital from private investors in South Korea, giving them a controlling stake, said Jay S. Yoo, the company&#8217;s chief executive.</p>
<p>But some analysts said the Los Angeles company would struggle to raise the needed money, mainly because regulators have permitted few ... <a href="http://www.businessinsider.us/BusinessInsider/2009/11/hanmi-financial-posts-hefty-loss/">Continue Reading</a></p>]]></description>
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