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.

MUFG Americas Holdings Corporation
TypeSubsidiary of Mitsubishi UFJ Financial Group
Founded
  • July 1, 2014 as MUFG Americas Holdings Corporation
  • April 1, 1996 as UnionBanCal Corporation
  • May 1, 1972 as Bancal Tri-State Corporation
  • July 5, 1864 as The Bank of California
Headquarters1251 Avenue of the Americas
New York, New York, 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)
Parent
Websitemufgamericas.com
Footnotes / references
[1][2][3]

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
  1. "Who We Are".
  2. "National Information Center Institution History". Federal Financial Institutions Examination Council.
  3. "FR Y-15 report". Federal Financial Institutions Examination Council.
  4. "Large Bank Holding Companies". Federal Financial Institutions Examination Council.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.