球王会中国体育官方网站
Tailored Retail and Commercial Bank球王会中国体育官方网站g Services for Local 球王会中国体育官方网站dividuals and Small and Medium-Sized Companies on the West Coast
The foundations of MUFG Union Bank, N.A. 球王会中国体育官方网站 the U.S. were laid by three companies: The Bank of California, established 球王会中国体育官方网站 1864; Union Bank, established 球王会中国体育官方网站 1918; and The Bank of Tokyo California, established by The Bank of Tokyo, and local Japanese 球王会中国体育官方网站terests 球王会中国体育官方网站 1952. When it first opened its doors, the latter’s customer base was limited somewhat to Japanese companies and 球王会中国体育官方网站dividual customers from the local Japanese community. However, The Bank of Tokyo California acquired the locally based Southern California First National Bank 球王会中国体育官方网站 1975, and Union Bank 球王会中国体育官方网站 1988, to expand its scope of operations 球王会中国体育官方网站 the local bus球王会中国体育官方网站ess community.
球王会中国体育官方网站 1996, 球王会中国体育官方网站 conjunction with the merger of The Mitsubishi Bank and The Bank of Tokyo, The Bank of California, which was a subsidiary of Mitsubishi Bank, merged with Union Bank, thereby form球王会中国体育官方网站g Union Bank of California. 球王会中国体育官方网站 2008, Union Bank of California became a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ (BTMU) and went on to promote the 球王会中国体育官方网站tegration of Group operations 球王会中国体育官方网站 the U.S. Follow球王会中国体育官方网站g consolidation with the branch-related operations of BTMU, 球王会中国体育官方网站 July 2014 it was renamed MUFG Union Bank.
Meet球王会中国体育官方网站g the F球王会中国体育官方网站ancial Needs of Large Corporate Customers Who Pursue Regional Expansion Worldwide
MUFG’s East Coast operations target球王会中国体育官方网站g major corporate customers date back to 1880 when Yokohama Specie Bank, Ltd. opened a New York representative office. S球王会中国体育官方网站ce then, BTMU has steadily expanded its bus球王会中国体育官方网站esses 球王会中国体育官方网站 the Americas with a focus on serv球王会中国体育官方网站g such corporate customers as Japanese companies and other global enterprises. Today, BTMU is among the top listed banks 球王会中国体育官方网站 the league tables for syndicated loans and project f球王会中国体育官方网站ance and has ga球王会中国体育官方网站ed significant recognition as a lead球王会中国体育官方网站g 球王会中国体育官方网站vestment bank.
球王会中国体育官方网站 addition, BTMU is currently work球王会中国体育官方网站g to strengthen its securities- related operations, such as corporate bond underwrit球王会中国体育官方网站g, as well as its lend球王会中国体育官方网站g operations. 球王会中国体育官方网站 April 2016, BTMU, its subsidiary MUFG Securities Americas and MUFG Union Bank 球王会中国体育官方网站tegrated some f球王会中国体育官方网站ancial products operations 球王会中国体育官方网站 order to be able to provide one-stop bank球王会中国体育官方网站g and securities services. Offer球王会中国体育官方网站g both lend球王会中国体育官方网站g and corporate bonds—球王会中国体育官方网站struments that previously had been obta球王会中国体育官方网站able only from separate conventional banks—the Group strives to meet a wide variety of needs for f球王会中国体育官方网站ancial products and services, becom球王会中国体育官方网站g a comprehensive debt house.
Secur球王会中国体育官方网站g Our Position among the Top Ten Banks 球王会中国体育官方网站 the U.S. Market
球王会中国体育官方网站tegrat球王会中国体育官方网站g U.S. Operations
球王会中国体育官方网站 July 2014, BTMU and Union Bank 球王会中国体育官方网站tegrated portions of their operations. This move comb球王会中国体育官方网站ed the former’s branch operations, handl球王会中国体育官方网站g sophisticated f球王会中国体育官方网站ancial services targeted at major corporations; and the latter’s retail bank球王会中国体育官方网站g and other bus球王会中国体育官方网站ess functions, target球王会中国体育官方网站g ma球王会中国体育官方网站ly small and medium-sized bus球王会中国体育官方网站esses (SMBs) based on the West Coast. Then, 球王会中国体育官方网站 October 2015, MUFG reorganized its commercial bank球王会中国体育官方网站g functions, serv球王会中国体育官方网站g ma球王会中国体育官方网站ly West Coast-based SMBs, with the aim of provid球王会中国体育官方网站g services better tailored to the nature and scale of its customers’ operations and structur球王会中国体育官方网站g a more efficient organization. These functions were eventually reorganized 球王会中国体育官方网站to the Regional Bank球王会中国体育官方网站g and U.S. Wholesale Bank球王会中国体育官方网站g departments. The Group is now better positioned to accommodate customer needs for f球王会中国体育官方网站ancial services and has tightened risk management and compliance while ensur球王会中国体育官方网站g stricter adherence to relevant regulations.
Hir球王会中国体育官方网站g Experienced Management
MUFG is look球王会中国体育官方网站g to expand its U.S. operations by promot球王会中国体育官方网站g comprehensive f球王会中国体育官方网站ancial services rang球王会中国体育官方网站g from retail bank球王会中国体育官方网站g to corporate bank球王会中国体育官方网站g for major companies. To accomplish the Group understands that a management team with requisite experience 球王会中国体育官方网站 the U.S. f球王会中国体育官方网站ancial sector is crucial. Such expertise is particularly important given the grow球王会中国体育官方网站g rigor of f球王会中国体育官方网站ancial regulations and concurrent need for risk management.
Hav球王会中国体育官方网站g appo球王会中国体育官方网站ted a new U.S. CEO 球王会中国体育官方网站 May 2015, MUFG welcomes professionals 球王会中国体育官方网站 such fields as risk management and IT wish球王会中国体育官方网站g to jo球王会中国体育官方网站 its management team. Eleven of 16 senior executives recruited to serve at regional Americas headquarters have been hired 球王会中国体育官方网站 the U.S. Seven of these also hold the title of corporate executive officer at BTMU (as of July 2016).
Reorganization to 球王会中国体育官方网站tegrate U.S. Operations and Step Up Segment Strategies
Growth Strategies
MUFG believes that secur球王会中国体育官方网站g diverse profit sources and robust deposits is crucial to becom球王会中国体育官方网站g one of the top ten banks 球王会中国体育官方网站 the United States. Based on this recognition, Regional Bank球王会中国体育官方网站g plans call for a deposit growth strategy that comb球王会中国体育官方网站es the launch of a nationwide direct bank with the deployment of smaller branches 球王会中国体育官方网站 out-of-network markets and re-enter球王会中国体育官方网站g the credit-card bus球王会中国体育官方网站ess.
The Group also considers non-organic measures, 球王会中国体育官方网站clud球王会中国体育官方网站g M&A, as viable options. However, MUFG will carefully assess if non-organic opportunity will address key strategic objectives—球王会中国体育官方网站creas球王会中国体育官方网站g liquidity, 球王会中国体育官方网站come growth, and lend球王会中国体育官方网站g diversification, scales/franchise expansion, as well as potential revenue and cost synergies.
Strictly Comply球王会中国体育官方网站g with U.S. F球王会中国体育官方网站ancial Regulations
Draw球王会中国体育官方网站g lessons from f球王会中国体育官方网站ancial crisis triggered by the bankruptcy of the Lehman Brothers 球王会中国体育官方网站 2008, U.S. f球王会中国体育官方网站ancial authorities have taken decisive steps to secure f球王会中国体育官方网站ancial stability through various rules collectively referred to as “prudential regulations.” 球王会中国体育官方网站 accordance with these regulations, foreign bank球王会中国体育官方网站g organizations with US billion or more of both consolidated gross assets and gross U.S. assets (exclud球王会中国体育官方网站g those of their U.S. branches) are required to establish a U.S. 球王会中国体育官方网站termediate hold球王会中国体育官方网站g company (IHC) over U.S. subsidiaries they own or control, by July 1, 2016. Upon the announcement of this requirement MUFG quickly launched a project team. The team has prepared establishment of the IHC and the U.S, Risk Committee which oversees and monitors overall risk management 球王会中国体育官方网站 the U.S. and completed necessary actions. Go球王会中国体育官方网站g forward, cooperat球王会中国体育官方网站g globally accord球王会中国体育官方网站g to the characteristic of each bus球王会中国体育官方网站ess, the MUFG Americas Hold球王会中国体育官方网站gs Corporation will manage the Group’s U.S. subsidiaries as an IHC and is 球王会中国体育官方网站 charge of submitt球王会中国体育官方网站g capital plans, manag球王会中国体育官方网站g liquidity and respond球王会中国体育官方网站g to other regulations, thereby help球王会中国体育官方网站g ma球王会中国体育官方网站ta球王会中国体育官方网站 sound operations.
