Asian Wall Street (San Gabriel Valley, CA)
Entry on progress—B.P.
Alhambra Source
“Asian Wall Street” on Alhambra’s Valley Boulevard
February 16, 2012 Alex Zhou USC Contributor
Alhambra is no longer simply the “Gateway to the San Gabriel Valley.” It’s got a new nickname, according to World Journal: the “Asian Wall Street.” With more than 30 banks, the Valley Boulevard Corridor has become national hub for several U.S. headquarters and branches of major Asian-owned banks, such as East Asian bank, China based Citic Bank International, Hong Kong based Bank of East Asia and Taiwan based Bank of Sinopac. There are also various US major banks, including Bank of America, Chase, Citi and Bank of the West along the boulevard.
San Gabriel Valley Tribune (CA)
Valley Boulevard: A window into the ‘new Chinatown’
By Lauren Gold, SGVN , twitter.com/laurenkgold
Posted: 05/25/12, 9:00 PM PDT
From Los Angeles to Pomona, Valley Boulevard provides a window into the history of Southern California and also serves as a gateway into far away worlds.
In Alhambra, the street takes drivers into a Chinese-American mecca that some say puts L.A.‘s historic Chinatown to shame.
The wide array of authentic Chinese restaurants, stores and businesses in the West San Gabriel Valley is unmatched, said Joseph Lee, president of the Chinese American Restaurant Association, which is located in Alhambra. This, he said, has led many to call the area a “new Chinatown.”
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And it’s not just restaurants that line Valley Boulevard, he added. At least 10-15 Chinese banks have also moved onto the street, which is sometimes nicknamed “Asian Wall Street.”
Pasadena (CA) Star-News
Photos: San Gabriel Valley has become the New Chinatown, nicknamed “Asian Wall Street”
Posted Nov 19, 2012
The San Gabriel Valley has become the New Chinatown, not only for the plethora of Asian Restaurants that have popped up along Valley Boulevard, but the area is also home to a large volume of Chinese banks, earning it the nickname of “Asian Wall Street”. Starting with Cathay Bank in Los Angeles, the first Chinese-American bank in the U.S., the industry has grown throughout the San Gabriel Valley, helping local businesses and community members flourish.
San Gabriel Valley Tribune (CA)
Chinese-American banks provide financial support for San Gabriel Valley, Los Angeles
By Lauren Gold, SGVN, twitter.com/laurenkgold
Posted: 11/26/12, 9:00 PM PST
When Cathay Bank, under the leadership of the late Wilbur Woo, opened a small storefront in Los Angeles’ Chinatown in 1962, it offered financial services to a Chinese-American community that couldn’t find them anywhere else.
Woo died last week in his Monterey Park home at 96, but his role as a founder of the first Chinese-American bank lives on in the flourishing “Asian Wall Street” of Los Angeles County.