Open Bank photograph

Open Bank

Use attributes for filter !
HeadquartersLos Angeles
California
United States
Revenue43. 4 million USD (2017)
Founded2005
Key peopleMin Jung Kim, president and chief executive officer
Subsidiary Open Bank
Date of Reg.
Date of Upd.
ID2447788
Send edit request

About Open Bank


Open Bank is a Korean-American bank based in California and offers commercial banking services. It currently has 8 branches located in California, 3 loan production offices in Washington, Texas, and Georgia, and a home loan center in Los Angeles. It is one of five major Korean-American banks in the United States.

Stopping the scammers who target online jobseekers

Stopping the scammers who target online jobseekers
Sep 9,2023 8:41 pm

... " That personal data can then be used to steal the jobseeker s identity, or even to Open Bank accounts or apply for credit in their name...

Gina Miller's political party bank account to be closed

Gina Miller's political party bank account to be closed
Jul 28,2023 12:41 am

... Other politicians and campaigners have also struggled to Open Bank accounts - in July, Chancellor Jeremy Hunt he believed he had been blocked from opening an account because of his public role...

New crisis looms for Ukrainians in the UK

New crisis looms for Ukrainians in the UK
Oct 13,2022 5:11 pm

... " I used to drive them around to Open Bank accounts, to job centre appointments, to the Ukrainian group meetings, " she says...

Bristol slavery victims recount 'horrendous' abuse

Bristol slavery victims recount 'horrendous' abuse
Jun 22,2022 6:40 pm

... Tancos and Gomulska kept their victims bank cards and forced them to Open Bank accounts...

Why women vote for India PM Narendra Modi's BJP

Why women vote for India PM Narendra Modi's BJP
Apr 19,2022 4:30 am

... The government also built tens of millions of household toilets and helped millions of women Open Bank accounts so they could receive pensions, subsidies and other benefits directly...

Russia faces brain drain as thousands flee abroad

Russia faces brain drain as thousands flee abroad
Mar 13,2022 5:02 am

... " Members discuss where to find accommodation, how to Open Bank accounts, and whether or not it is safe to speak Russian in public...

Fear and loathing in South Africa where foreigners live in danger

Fear and loathing in South Africa where foreigners live in danger
Dec 27,2021 6:06 am

... As a result we cannot Open Bank accounts and have to carry around cash to buy stock...

Under-16s unregulated placements must be 'eliminated'

Under-16s unregulated placements must be 'eliminated'
Feb 16,2020 7:54 am

... Teenagers in semi-independent care are treated as young adults and expected to do things like Open Bank accounts, wash clothes and buy food...

Under-16s unregulated placements must be 'eliminated'

Feb 16,2020 7:54 am

Education Secretary Gavin Williamson said media reports had highlighted issues over the use of unregulated accommodation for children in care

The education secretary has written to council leaders in England to express "concern" over the use of unregulated accommodation to house under-16s.

Gavin Williamson said these placements for children in care should be "eliminated".

This type of accommodation is not registered to deliver care.

But in October, that More Than 100 children under 16 in England and Wales were living in such places, on any given night.

Mr Williamson said he could not "imagine a circumstance under which a child under the age of 16 should be living in an independent or semi-independent setting".

Unregulated accommodation is often flats and houses with support workers on site or visiting, but can also be hostels and lodgings or even hotels and holiday parks.

Running an unregistered home that provides support but not care for children under 16 is not illegal.

But it is potentially a criminal offence to run a children's home that provides care without registering with the regulator Ofsted or the Welsh Care Inspectorate .

"I Am concerned about The Number of children under 16 placed in settings that are not registered with Ofsted, so should not be delivering care, and I Am certain that you will want to pay immediate and close attention to those placements," Mr Williamson wrote to local authority chief executives.

"I look forward to working together to make sure these types of placements are eliminated," he added.

"Such settings must only be used for older children who are ready To Live with The Level of independence afforded by these settings. "

Teenagers in semi-independent care are treated as young adults and expected to do things like Open Bank accounts, wash clothes and buy food.

'Neglect'

'Amy', who lived in an unregulated home when she was 17, said the minister's concern was "completely right".

"It's just neglect to put under 16s in these places," she told Newsnight.

"They need to be finding better places to put kids. They're creating more problems for society in The Future . "

'Emma', who was placed in an unregulated placement last year at the age of 15, also welcomed The Intervention .

"It is not The Right environment for someone so young," She Said .

The Mother of a boy, 15, placed in an unregulated home, told Newsnight she was horrified when she realised the placement was not registered with Ofsted.

"Ofsted is important to me because it is telling me that a place is fit for purpose and has been checked. "

The placement was More Than 100 miles from The Family home.

"I was told it would be for twelve weeks only. But my son was there for nearly a year. He received no structured education for most of the time he was there and often stayed in bed until 4 pm. "

Local authorities can pay to place children in unregulated accommodation if they deem it to be in a child's best interests, a place in registered accommodation cannot be found or a court approves the placement.

The BBC previously learned are being placed in these homes.

A freedom of information request carried out by Newsnight revealed that at least 63 local authorities placed under-16s in unregulated accommodation in The Past three years.

Chris Wild, who manages a home for teenagers aged 16 and above, said he has refused to take children under 16 because it was "unsafe".

"At 15 you might be in care with an 18-year-old, who's been arrested for something sinister, or is affiliated with county lines drugs," he told Newsnight.

Newsnight has been investigating this part of the care sector, as part of its series.

Previously, the programme revealed that, according to figures from The Department for Education, were living in unregulated accommodation, up 70% from 2,900 10 years ago.

You can watch on Bbc Two at 22:30 on weekdays. Catch up on, subscribe to the programme on and follow it on.



gavin williamson

Source of news: bbc.com

Related Persons

Next Profile ❯