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MUFG Americas Holdings Corporation

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MUFG Americas Holdings Corporation
Company typeSubsidiary
Founded
  • July 5, 1964; 60 years ago (1964-07-05), as The Bank of California
  • May 1, 1972; 52 years ago (1972-05-01), as Bancal Tri-State Corporation
  • April 1, 1996; 28 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]

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.

History

[edit]

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

[edit]
  1. ^ "Who We Are".
  2. ^ a b "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.


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