MUFG completes sale of MUFG Union Bank to U.S. Bancorp


On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A. (Union Bank), MUFG’s subsidiary owned through MUFG Americas Holdings Corporation (MUAH), to U.S. Bancorp (USB).


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Posted on Dec 2, 2022
Region: US
asset based lending
MUFG, MUFG bank, MUFG Union Bank, US Bancorp