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
The company traces its 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, it sold its consumer banking subsidiary, MUFG Union Bank, to U.S. Bancorp.
References
- Who We Are 2 December 2020^
- National Information Center Institution History Federal Financial Institutions Examination Council^
- FR Y-15 report Federal Financial Institutions Examination Council^
- Large Bank Holding Companies Federal Financial Institutions Examination Council^