Type | Subsidiary |
---|---|
Founded |
|
Headquarters | 1251 Avenue of the Americas New York, New York, U.S. |
Key people | Kevin Cronin, CEO Masatoshi Komoriya, Executive Chairman |
Products | Financial services |
Total assets | $44.127 billion (June 30, 2023) |
Total equity | $12.777 billion (June 30, 2023) |
Parent | MUFG Bank |
Website | mufgamericas |
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
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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