Articles

Mar 2019
Mar 2019

Study says Asian Indians in US at highest risk of death from heart disease, stroke

Photo: Lead author of the study, Dr Latha Palaniappan of Stanford University

A study funded by the National Institutes of Health and headed by Dr Latha Palaniappan of Stanford University says risks of death from heart disease and stroke are among the highest for Asian Indians in the US.

The findings, reported in Journal of the American Heart Association, said that other than Asian Indians, Filipino and Vietnamese populations are also at greatest risk for losing years of life to heart disease or stroke.

Asians make up the fastest growing racial/ethnic group in America, increasing 72 percent between 2000 and 2015 -- from 11.9 million to 20.4 million. By 2050, the American Asian population is predicted to grow to 41 million, according to the Pew Research Center, a nonpartisan research group tracking demographics and other data.

“Usually researchers combine Asian subgroups in studies, masking what might be important health differences,” said Dr Palaniappan, study author and professor of medicine at Stanford University in California. “Looking at overall death rates might not reveal that some groups are dying prematurely from heart disease and stroke.”

Dr Palaniappan and colleagues studied US death records from 2003 to 2012, examining average potential years of life lost before life expectancy in every 100,000 people in each Asian subgroup and non-Hispanic whites.

“A striking finding was that years of life lost due to stroke in women were greater for all of the Asian subgroups than non-Hispanic whites,” she said. “This tells us that stroke is a very important contributor to premature death, especially in Asian women."

According to the study, the average age of death from heart disease was younger among the Asian Indian subgroup. Heart disease accounted for almost 25 percent of all the years of potential life lost in Asian Indians, who lost an average 17 years to heart disease.

“One of the benefits of the study is that we've identified these differences among Asian subgroups. Now we can create culturally-tailored and personalized preventive programs and guidelines for each group based on its unique risks,” Palaniappan said.

 

Mar 2019

Indian American investment group acquires Dallas-based American Bank for $55M

Photo: From left, Mital Patel, Mehul Patel and Chirag Patel

Bright Force Holding, an investment group led by Mehul Patel, Chirag Patel, and Mital Patel, has acquired American Bank, N.A., a community bank in North Dallas, TX, with roughly $55 million in assets.

Bright Force Holding, based in the Dallas suburb of Lewisville, is an investment group led by the Patels.

These investors serve as senior executives with NewcrestImage, a hotel development and management company that operates a portfolio of 28 properties, according to a media release.

The three investors will become members of American Bank’s board of directors, joining three directors who currently serve: veteran Texas banker John Goforth, who will also remain president and CEO of the bank; and business executives Mark Kelly and Jake Menefee, it said.

“We will maintain the highly-personalized service that customers have come to expect from American Bank,” Chirag “Chuck” Patel, the bank’s new chairman of the board, was quoted as saying in newsreports. “In addition, we see a tremendous opportunity to introduce new banking services – such as the sophisticated, forward-looking solutions that young entrepreneurs and start-up companies expect.”

American Bank currently operates a single location in northwest Dallas. It was established in May of 1974 as Pan American National Bank of Dallas, changing its name to American Bank in May of 1987, the release noted.

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