MUFG Americas Holdings Corporation (formerly known as UnionBanCal Corporation) is an intermediate bank holding company based in New York City. It is the parent company of MUFG Union Bank, N.A. and MUFG's consolidated U.S. operations. MUFG Americas Holdings (MUAH) is itself a wholly owned subsidiary of MUFG Bank, Ltd., a member of the Japanese Mitsubishi UFJ Financial Group conglomerate.

History

MUAH had total assets of $163 billion as of December 31, 2021. Its predecessor, UnionBanCal Corporation, had assets of $105 billion as of December 31, 2013. MUAH has the largest presence in the U.S. among all other Japanese Banks, as competitors Sumitomo Mitsui Financial Group and Mizuho Financial Group do not operate U.S. branch banking subsidiaries. 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, N.A. MUFG Union Bank (stylized as UnionBank), is a nationally chartered full-service bank with 398 branches in California, Washington and Oregon which was wholly owned by MUFG Americas Holdings and has been acquired by U.S. Bancorp. Formerly known ...

announced it would be changing its legal name from Union Bank N.A. to MUFG Union Bank, N.A. effective July 1, 2014. On the same effective date, UnionBanCal Corporation changed its legal name to MUFG Americas Holdings Corporation. On September 21, 2021, MUFG Union Bank, N.A. announced that it would be acquired by

US Bancorp U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution ...

Shareholders

* 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 — formerly Union Bank, N.A. and Union Bank of California, N.A. * Tanner Insurance Brokers Inc. UnionBanCal Corp logo

Notes

References

Banks based in New York (state) Financial services companies based in New York (state) Holding companies of the United States Companies based in New York City American companies established in 1999 American companies established in 2014 Banks established in 1999 Banks established in 2014 Holding companies established in 1999 Holding companies established in 2014 1999 establishments in California 2014 establishments in New York (state) Mitsubishi companies Mitsubishi UFJ Financial Group {{Finance-stub