Rahul Sharma (Editor)

UnionBanCal Corporation

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Products
  
Financial Services

Founded
  
5 July 1864

Website
  
www.unionbank.com

Number of employees
  
10,164

Type
  
Subsidiary of Mitsubishi UFJ Financial Group

Key people
  
Masaaki Tanaka, CEO Norimichi Kanari, Chairman

Headquarters
  
San Francisco, California, United States

Subsidiaries
  
Union Bank, Bankers Commercial Corporation

Parent organizations
  
Mitsubishi UFJ Financial Group, The Bank of Tokyo-Mitsubishi UFJ

UnionBanCal Corporation (stylized as UnionBanCal) is a bank holding company in San Francisco, California. UnionBanCal has assets of $105 billion at December 31, 2013. UnionBanCal has the largest presence in the U.S. among all other Japanese Banks and in 2013 stated that its aim is to grow to the tenth largest financial operating institution in the U.S. through aggressive acquisition(s).

Contents

It is a member of the Mitsubishi UFJ Financial Group. In May 2014, Union Bank announced it will be changing its legal name from Union Bank N.A. to MUFG Union Bank, N.A. effective July 1, 2014.

Sections

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

  • The Bank of Tokyo-Mitsubishi UFJ, Ltd. (63% in Feb. 2005) and (100% on November 4, 2008)
  • Subsidiaries

  • Union Bank, N.A.
  • Tanner Insurance Brokers Inc.
  • References

    UnionBanCal Corporation Wikipedia