A dozen corporate investors own more than 99% of the shares of the newly independent investor-owned American Savings Bank, ...

The American Savings Bank headquarters in Honolulu is seen in this 2019 file photo. Hawaiian Electric Industries sold the ...

ASB bank sale at fire sale price may impact wildfire claim repayment and Hawaiian Electric share price, leading to downward spiral. Read more on HE stock here.

Hawaiian Electric Industries has sold its control of American Savings Bank in a $400 million deal. The transaction is a ...

"It's a huge milestone. There are not very many organizations in Hawaii that can claim 100 years of serving and really being ...

Hawaiian Electric (NYSE:HE) -0.6% in Tuesday's trading after saying it agreed to sell a 90.1% stake in its American Savings ...

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

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

Independent investors have acquired non-controlling interests in American Savings Bank in separate transactions from Hawaiian ...