SAN FRANCISCO--(BUSINESS WIRE)--
UnionBanCal Corporation (UNBC) today 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. The results can be found at https://www.unionbank.com/global/about/company-profile/financial/index.jsp on the Financial Documents tab, under Dodd-Frank Reports.
About UnionBanCal Corporation
Headquartered in San Francisco, UnionBanCal Corporation (UNBC) is a bank holding company with assets of $105.9 billion as of December 31, 2013. Its principal insured depository institution subsidiary, Union Bank, N.A. (UBNA), provides a wide range of financial services to consumers, small businesses, middle-market companies, and major corporations. UNBC operated 420 branches in California, Washington, Oregon, Texas, Illinois, New York and Georgia, as well as two international offices, as of December 31, 2013.
UNBC is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), which is itself a subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s largest and most diversified financial groups with total assets of ¥258 trillion, or approximately $2.55 trillion, as of December 31, 2013.
- Banking & Budgeting
- UnionBanCal Corporation