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Embattled Hawaiian Electric mum on possible bank sale
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Shareholders approve raises for top execs of Hawaiian Electric, American Savings Bank
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HEI finances stable as litigation swells
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Hawaii’s largest electrical utility is maintaining financial stability in the face of still-growing legal claims and recovery expenses from the Aug. 8 Maui wildfire disaster. Hawaiian Electric on Tuesday reported fourth-quarter and full-year net income in 2023 topping figures in 2022, which helped its parent company achieve strong but reduced profit in the same comparable periods.