A dozen corporate investors own more than 99% of the shares of the newly independent investor-owned American Savings Bank, while 12 of the bank’s executives and independent directors own less than 1%, ...

KKR is partnering with the Public Sector Pension Investment Board to buy a 19.9% interest in two units of American Electric Power for $2.82 billion.

We recently published a list of 10 Best Single Digit Stocks To Buy Now. In this article, we are going to take a look at where ...

First Hawaiian Bank grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 35.9% in the ...

"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 has agreed in principle to settle all liabilities from the Maui August 2023 wildfires for $1.99 billion, which includes $75 million the company agreed earlier this year to pay as ...

Formerly American Savings Bank’s wholly-owned subsidiary, Hawaiian Electric Industries, Inc. will retain a 9.9% non-controlling interest after its sale to independent investors to continue to ...

Hawaiian Electric Industries, Inc. (HEI) has announced the sale of 90.1% of the common stock of American Savings Bank, F.S.B (ASB) to independent investors for a transaction value of $450 million, ...

Hawaiian Electric has sold most of American Savings Bank to a group of independent investors to help fund lawsuits stemming ...

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

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, Inc. (NYSE: HE) recently disclosed a significant development involving its wholly owned subsidiary, American Savings Bank, F.S.B. (ASB). In a Form 8-K filing submitted to ...