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Published 2 months ago

Report: Hawaiian Electric Is Looking To Sell American Savings Bank

Summary by Civil Beat
Hawaiian Electric Industries is considering selling its American Savings Bank subsidiary, Bloomberg News reported on Thursday, citing unnamed sources. The parent of Hawaiian Electric Co. is facing significant financial troubles after the utility was accused of starting the wildfire that killed 101 people and burned down most of Lahaina in August. More than 130 lawsuits […]

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Report: Hawaiian Electric considering sale of ASB

The company is said to be weighing various options for the bank.

2 months ago·United States
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Civil BeatCivil Beat

Report: Hawaiian Electric Is Looking To Sell American Savings Bank

Hawaiian Electric Industries is considering selling its American Savings Bank subsidiary, Bloomberg News reported on Thursday, citing unnamed sources. The parent of Hawaiian Electric Co. is facing significant financial troubles after the utility was accused of starting the wildfire that killed 101 people and burned down most of Lahaina in August. More than 130 lawsuits […]

2 months ago·Honolulu, United States
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