MUFG Americas Holdings Corp. raises reference rate for primary subsidiary
New York, November 2, 2022 /PRNewswire/ — MUFG Americas Holdings Corporation, its parent company San Francisco-based MUFG Union Bank, NA (The Bank), today announced its implementation November 3, 2022The Bank’s reference rate will rise to 7.00 percent from 6.25 percent.
Mitsubishi UFJ Financial Group, Inc. About its US operations, including MUFG Americas Holdings Corp
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial groups with total assets of US operations $342.4 billion A June 30, 2022. As part of this total, there are total assets of MUFG Americas Holdings Corporation (MUAH), a financial holding company, bank holding company and intermediate holding company. $152.5 billion A June 30, 2022. MUAH’s principal subsidiaries are MUFG Union Bank, NA and MUFG Securities Americas Inc. MUFG Union Bank, NA provides a wide range of financial services to consumers, small businesses, mid-market companies and large corporations. as June 30, 2022, MUFG Union Bank, NA operates 297 branches, including retail banking branches primarily in West Coast states. MUFG Securities Americas Inc. is a registered securities broker-dealer engaged in capital market origination transactions, domestic and foreign debt and equity securities transactions, private placements, collateral financing, and securities lending and borrowing transactions. MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices Argentina, Brazil, chile, Columbia, Peru, MexicoAnd Canada. For more information visit www.unionbank.com or www.mufgamericas.com.
Original content to download multimedia: https://www.prnewswire.com/news-releases/mufg-americas-holdings-corporation-increases-reference-rate-for-primary-subsidiary-301666874.html
Source MUFG America Holdings Corporation