They should go, no questions. But existing loan performance from UCB (bad or good ones) have very little to do with these but more with the economy. With or without these fat cats, bad economy will bring down EWBC.
Said that mgt could change the picture and fate of UCBH or EWBC is exaggerating, although it matters a bit. Regional banks are squeezed between big banks and mortgage banks so that they have to go for commercial and construction loans at boom time. Capital base matters the most which would make a difference of cost of funding. Don't forget that commercial banker's mindset is different from entrepreneurs' and ventures'. When it is in high tide, they will not care if rocks below. Smart bankers jump ship every 5 years or so that they could avoid being the victim of downtime scapegoat. Don't put fingers at UCBH or EWBC bankers, it is misleading assumption.
Totally agree withLexy. Management at EWB will bring down the bank. The tough economy is what it is. Banks have gone through that over and over. But the incompetent people there will bring the company down.