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Get to know Wilshire Bank

Founded in 1980, Wilshire Bank was a Los Angeles-based financial institution that became one of the largest Korean-American banks in the United States. The bank focused on providing a full range of personal and business banking services, including deposits, loans, and international trade finance, tailored to its community. In 2016, Wilshire Bank completed a merger of equals with BBCN Bank, another leading Korean-American bank. The combined entity was rebranded as Bank of Hope, creating the only super-regional Korean-American bank in the nation.

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Wilshire Bank

United States

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.