Published: Saturday, May 1, 2010
About Union Bank
A subsidiary of: UnionBanCal Corp.
Where: Based in San Francisco, Calif.
Assets: $85 billion as of March 31, 2010
Banking offices: 346 banking offices in California, Oregon, Washington and Texas and two international offices.
The commercial bank: provides an array of financial services to individuals, small businesses, middle-market companies and major corporations.
Clients include: Communications, media, entertainment, energy, public utilities, retailing industries.
Employees: More than 9,800 workers.
History: Union Bank traces its history back more than 145 years to the founding of The Bank of California, the first incorporated bank in the West.
Financial power: UnionBanCal is subsidiary of The Bank of Tokyo-Mitsubishi UFJ, a member of Mitsubishi UFJ Financial Group, one of the world’s largest financial organizations.
Buying spree: Union Bank recently acquired $600 million in assets from Tamalpais Bank after the FDIC on April 16 seized that bank, based in San Rafael, Calif.
— Michelle Dunlop
Where: Based in San Francisco, Calif.
Assets: $85 billion as of March 31, 2010
Banking offices: 346 banking offices in California, Oregon, Washington and Texas and two international offices.
The commercial bank: provides an array of financial services to individuals, small businesses, middle-market companies and major corporations.
Clients include: Communications, media, entertainment, energy, public utilities, retailing industries.
Employees: More than 9,800 workers.
History: Union Bank traces its history back more than 145 years to the founding of The Bank of California, the first incorporated bank in the West.
Financial power: UnionBanCal is subsidiary of The Bank of Tokyo-Mitsubishi UFJ, a member of Mitsubishi UFJ Financial Group, one of the world’s largest financial organizations.
Buying spree: Union Bank recently acquired $600 million in assets from Tamalpais Bank after the FDIC on April 16 seized that bank, based in San Rafael, Calif.
— Michelle Dunlop
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