The 2008-present logo  | |
| Type | Subsidiary of Mitsubishi UFJ Financial Group |
|---|---|
| Founded | June 16, 1999; April 1, 1996; July 5, 1864 |
| Headquarters | Bank of California Building San Francisco, California, United States |
Key people | Masaaki Tanaka, CEO Norimichi Kanari, Chairman |
| Products | Financial services |
Number of employees | 10,164 |
| Parent | Mitsubishi UFJ Financial Group |
| Website | unionbank |
)
UnionBanCal's branch footprint
UnionBanCal Corporation (stylized as UnionBanCal) is a bank holding company headquartered in San Francisco, California.
It is a wholly owned member of the Japanese Mitsubishi UFJ Financial Group conglomerate.
History
UnionBanCal had assets of $105 billion as of December 31, 2013.[1] UnionBanCal had the largest presence in the U.S. among all other Japanese Banks.
In 2013, bank officials stated that the bank's aim was to become the tenth largest financial operating institution in the U.S. through aggressive acquisition(s).[2]
In May 2014, Union Bank of California announced it would be changing its legal name from Union Bank N.A. to MUFG Union Bank, N.A. effective July 1, 2014.[3]
- MUFG Bank — 63% in Feb. 2005, and 100% on 4 November 2008.
Sections
- Community Banking and Investment Services Group
- Commercial Financial Services Group
- Global Markets Group
- International Banking Group
Subsidiaries
- MUFG Union Bank — former Union Bank, N.A.
- Tanner Insurance Brokers Inc.
The former UnionBanCal logo, used from 1996 to 2008.
References
- ^ https://www.unionbank.com/Images/fd_q1_09_earnings_releasev2_tcm9-19146.pdf
- ^ "Mitsubishi UFJ to Acquire US Property Loans of Deutsche Bank worth $3.7 Billion". April 8, 2013.
- ^ "News From Union Bank". May 21, 2014. Archived from the original on June 6, 2014.