MUFG Americas Holdings Corporation

American bank holding company From Wikipedia, the free encyclopedia

MUFG Americas Holdings Corporation

MUFG Americas Holdings Corporation is an intermediate bank holding company based in New York City. It is a wholly owned subsidiary of MUFG Bank, a member of the Japanese Mitsubishi UFJ Financial Group conglomerate.[4] The company provides corporate banking services, investment banking, and treasury management / working capital services to corporate clients.

Quick Facts Company type, Founded ...
MUFG Americas Holdings Corporation
Company typeSubsidiary
Founded
  • July 5, 1964; 60 years ago (1964-07-05), as The Bank of California
  • May 1, 1972; 53 years ago (1972-05-01), as Bancal Tri-State Corporation
  • April 1, 1996; 29 years ago (1996-04-01), as UnionBanCal Corporation
  • July 1, 2014; 10 years ago (2014-07-01), as MUFG Americas Holdings Corporation
Headquarters1251 Avenue of the Americas
New York City, U.S.
Key people
Kevin Cronin (CEO)
Masatoshi Komoriya (executive chairman)
ProductsFinancial services
Total assets$44.127 billion (June 30, 2023)
Total equity$12.777 billion (June 30, 2023)
ParentMUFG Bank
Websitemufgamericas.com
Footnotes / references
[1][2][3]
Close

History

The company traces it roots to The Bank of California founded in 1864. It became Bancal Tri-State Corporation in 1972, UnionBanCal Corporation in 1996, and MUFG Americas Holdings Corporation in 2014.[2]

In December 2022, its sold its consumer banking subsidiary, MUFG Union Bank, to U.S. Bancorp.

References

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