MUFG Completes Sale of MUFG Union Bank, N.A. to U.S. Bancorp
WEBNEW YORK (December 1, 2022) — Mitsubishi UFJ Financial Group (NYSE: MUFG) today announced that it has completed the sale of MUFG Union Bank’s core regional banking franchise to U.S. Bancorp (NYSE: USB), following approvals from banking regulators in the U.S. and Japan.
U.S. Bancorp completes acquisition of Union Bank
WEBDec 1, 2022 · MINNEAPOLIS – U.S. Bancorp (NYSE: USB) today announced that it has completed the acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG). The transaction brings together two premier organizations to serve customers and communities across California, Washington, and Oregon and ...
Union Bank faces disruption as 7% of workforce set for
WEB1 day ago · The Mumbai-headquartered public sector bank, Union Bank of India, is set to face a strike on 27 September 2024, with approximately 7% of its workforce, primarily Customer Service Associates and Office Assistants, participating. The strike is being organised by the Joint Forum of AIUBEF, AIUBSF, UBSA, and UBIEU (Delhi).
Fed Approves U.S. Bancorp Acquisition of MUFG Union Bank
WEBOct 14, 2022 · WASHINGTON—The Federal Reserve on Friday approved U.S. Bancorp ’s USB -0.99% acquisition of MUFG Union Bank’s core retail-banking business, one of a series of large regional bank mergers...
U.S. Bank to Acquire MUFG Union Bank - MUFG Americas
WEBSep 21, 2021 · With the acquisition, U.S. Bank will gain more than 1 million loyal consumer customers and about 190,000 small business customers on the West Coast in addition to approximately $58 billion in loans and $90 billion in deposits based on MUFG Union Bank’s June 30, 2021 balance sheet.
U.S. Bancorp (USB) Wraps Up Deal to Acquire MUFG Union Bank
WEBDec 5, 2022 · U.S. Bancorp (USB) completes the buyout of MUFG Union Bank's core retail banking operations, thereby strengthening its presence on the West Coast.
Federal Reserve approves U.S. Bancorp bid to acquire MUFG …
WEBWASHINGTON, Oct 14 (Reuters) - The Federal Reserve announced Friday it had approved an application by U.S. Bancorp to acquire MUFG Union Bank. The $8 billion deal to acquire the U.S. retail arm...
U.S. Bank to buy MUFG Union Bank in $8B deal | Banking Dive
WEBSep 21, 2021 · U.S. Bank is buying MUFG Union Bank in an approximately $8 billion cash-and-stock deal that is expected to close during the first half of 2022, the Minneapolis-based bank said in a press release Tuesday.
U.S. Bancorp to Acquire MUFG Union Bank
WEBSep 21, 2021 · With the acquisition, U.S. Bank will gain more than 1 million loyal consumer customers and about 190,000 small business customers on the West Coast in addition to approximately $58 billion in loans and $90 billion in deposits based on MUFG Union Bank’s June 30, 2021 balance sheet.
Regulators approve U.S. Bank’s $8B purchase of Union Bank - AP …
WEBOct 14, 2022 · NEW YORK (AP) — Key financial regulators on Friday approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise, clearing big regulatory hurdles for a deal that will push U.S. Bank closer to …