Cathay about the country from Chinese books and from conversation with people of all walks of life. During his first 15 years in China (1583–1598) Matteo Ricci formed a strong suspicion that Marco Polo's "Cathay" is simply the "Tatar" (i.e., Mongol) name for the country he was in, i.e. China. Ricci supported his arguments by numerous correspondences between Marco Polo's accounts and his own observations: Most importantly, when the Jesuits first arrived to Beijing 1598, they also met a number of "Mohammedans" or "Arabian Turks" – visitors or immigrants from the Muslim countries to the west of China, who told Ricci
Cathay Bank office in Hong Kong was opened in 1985. In 1999, Cathay expanded beyond California by opening a loan production office in Houston, Texas, which was converted to a full service branch in 2000. Expansion to New York occurred in 1999 with the acquisition of certain assets of Golden City Commercial Bank. In 2003, branch offices were opened in Boston, Massachusetts, and Kent, Washington. Cathay merged with General Bank in 2003. In 2006, Cathay prevailed in a bidding war with United Commercial Bank to acquire Great Eastern Bank. Cathay also acquired New Asia Bank in 2006. On March 31, 2006, announced