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Union Bank, a wholly owned subsidiary of Union Bankshares, Inc., is a U.S. community bank based in Morrisville, Vermont. The bank provides commercial, retail, and municipal banking services and asset management services throughout Northern Vermont and New Hampshire. The bank operates 20 branches, three loan centers and several ATMs in the ...
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that Andhra Bank and Corporation Bank would be merged into Union Bank of India. The proposed merger would make Union Bank the fifth largest public sector bank in the country with assets of ₹ 14.59 lakh crore (US$170 billion) and 9,609 branches. [13] [14] The Board of Directors ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
In 1993, UnionBank merged with International Corporate Bank ("Interbank") and in 2006, another merger with International Exchange Bank ("iBank") followed (after first being denied by iBank). [4] [5] In 2013, UnionBank acquired City Savings Bank, making City Savings Bank a 100% UnionBank subsidiary and consolidating Aboitiz group's banking units ...
Other than its banking business, Union Bank of Colombo provides additional financial services through its two subsidiaries: [10] [11] National Asset Management Limited (51% shareholding), an asset management company in Sri Lanka offering unit trusts and private portfolios for institutional investors and individual clients. [5]
The company traces it roots to The Bank of California founded in 1864. It became Bancal Tri-State Corporation in 1972, UnionBanCal Corporation in 1996, and MUFG Americas Holdings Corporation in 2014. [2] In December 2022, its sold its consumer banking subsidiary, MUFG Union Bank, to U.S. Bancorp.
By Dec. 31, Citigroup and Bank of America left, followed by Morgan Stanley on Jan. 6 and JPMorgan on Jan. 7. ... six of the largest U.S. banks left the United Nations Net-Zero Banking Alliance ...
Thus, Union Bank became wholly owned by Nigerian citizens and organisations all within the private sector. During the Central Bank of Nigeria’s (CBN) banking sector consolidation policy, Union Bank of Nigeria Plc acquired the former Universal Trust Bank Plc and Broad Bank Ltd. It absorbed its one-time subsidiary, Union Merchant Bank Ltd.
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