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Veteran award-winning journalist Dave Segal has more than 50 years experience in the industry, including more than two decades at the Honolulu Star-Advertiser and its predecessor, the Honolulu Star-Bulletin. He currently serves as assistant city editor and night editor, but also doubles as a business writer after having been business editor of the Star-Bulletin and assistant business editor of both the Star-Advertiser and the Star-Bulletin. His business specialties are banking/finance and the economy, but he previously spent 15 years covering the airlines.

 

Segal came to Honolulu in 1998 from Tokyo where he spent three years with Pacific Stars and Stripes, with his last position there as news editor. Prior to that he was business news editor of the Alameda Newspaper Group, whose flagship paper is the Oakland Tribune; and was assistant sports editor, assistant features editor and assistant business editor at The Sacramento Union. While in Sacramento, Segal wrote a twice-weekly TV/radio column and covered the Oakland A's and San Francisco Giants, including three World Series; as well as college football, college basketball and pro tennis.

 

Segal graduated from San Diego State University after receiving a Sigma Delta Chi journalism scholarship. He is an avid tennis player, swimmer and sports enthusiast. Segal is married with one daughter and one stepson.
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JAMM AQUINO/JAQUINO@STARADVERTISER.COM
                                <strong>“Our bank results reflect good execution from the team and an earnings level that is driven by a more normalized (loan-loss) provision in comparison to recent periods.”</strong>
                                <strong>Scott Seu</strong>
                                <em>HEI president and CEO</em>
Hawaiian Electric Industries’ earnings decline 17.7%

Hawaiian Electric Industries Inc. posted a 17.7% drop in second-quarter earnings as utility maintenance expenses increased and subsidiary American Savings Bank set aside money for potential loan losses after releasing a significant amount from its loan-loss reserve in the year- earlier period. Read more

STAR-ADVERTISER
                                Gerald Cysewski
Cyanotech CEO steps down after profitable year

Hawaii island microalgae products producer Cyanotech Corp. swung to a fiscal fourth-quarter profit and appointed a new CEO after Gerald Cysewski, 73, stepped down from his position, effective June 16, after a profitable year. Read more

COURTESY FIRST HAWAIIAN BANK
                                The exterior view of FHB’s Mililani branch.
First Hawaiian margins and loans rise despite profit drop

The state’s largest bank reported today that margins improved due to higher interest rates, and loans and deposits gained from the second quarter of 2021. In the most recent quarter, First Hawaiian set aside $1 million for potential loan losses. Read more

STAR-ADVERTISER FILE
Central Pacific Bank profit falls, but higher rates boost margins

Central Pacific Bank showed strong improvement from the previous three months due to rising interest rates but saw its net income slip 6% last quarter from a year ago after accounting for one-time items, as well as less fee and interest income generated from Paycheck Protection Program loans. Read more


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