The management of United Commercial Bank, San Francisco, has led a buyout of the bank's owner, an Indonesian investment group.

The group, which had bought the 23-year-old bank in 1986, decided in February to sell it. The economic crisis in Asia has created a lot of good business opportunities there, and the owners wanted cash on hand to make deals at home, said Tommy S. Wu, president and chief executive officer of $1.6 billion-asset United Commercial.

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