UnionBanCal Corporation - Union Bank San Francisco Headquarters

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

source : en.wikipedia.org

UnionBanCal had assets of $105 billion as of December 31, 2013. 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).

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.

Shareholders

• The Bank of Tokyo-Mitsubishi UFJ, Ltd. â€" 63% in Feb. 2005, and 100% on 4 November 2008.

Sections

source : www.businesswire.com

• Community Banking and Investment Services Group
• Commercial Financial Services Group
• Global Markets Group
• International Banking Group

Subsidiaries

source : www.prweb.com

• MUFG Union Bank â€" former Union Bank, N.A.
• Tanner Insurance Brokers Inc.

References

source : www.businesswire.com


source : www.wikiwand.com