UnionBanCal announces release of its 2014 CCAR results

theflyonthewall.com

UnionBanCal Corporation, UNBC, released the results of its annual company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, DFA. The summary results include UNBC’s projected revenues, losses and capital ratios under a required hypothetical DFA stress scenario, the Supervisory Severely Adverse scenario, over a nine-quarter period ending December 31, 2015, and using DFA defined capital actions. UnionBanCal is a subsidiary of Mitsubishi UFJ Financial Group.

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