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It was renamed Union Bank & Trust Company of Los Angeles in 1918. Harry Volk was recruited from Prudential Insurance Company as the bank's new CEO in 1957 and pioneered the use of the one-bank holding company, [1] among other banking innovations. [2] Volk retired in 1980 after the purchase of the bank by London-based Standard Chartered Bank in ...
On April 1, 1996, the bank merged with Union Bank to form Union Bank of California, becoming the fourth largest commercial bank in California. [21] [22]In 2008, it became a wholly owned subsidiary of the Japanese Mitsubishi UFJ Financial Group, and was renamed MUFG Union Bank. [23]
Since 2014, the bank has been the official bank of the USC Trojans, the athletic program of the University of Southern California. [16]In 2016, the Banc of California announced a partnership with Los Angeles FC, a Major League Soccer franchise, and a 15-year, $100 million deal with the club for the naming rights to their stadium Banc of California Stadium in Los Angeles, which opened in 2018.
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The Union Bank Tower (stylized as UnionBank Tower), formerly known as the Union Bank of California Tower and originally as the Bank of California building (not to be confused with the older Bank of California Building), is an 82 m (269 ft), 15-story office building completed in 1969 in downtown Portland, Oregon.
The Bank of California Building is a 1908 Greco-Roman style structure with a brutalist, 312 ft (95 m), 22-story tower annexed in 1967 at 400 California Street in the financial district of San Francisco, California. [5] [6] Union Bank acquired the building in 1996 as part of its merger with Bank of California. [7]
Union Bank Plaza is a Los Angeles Historic-Cultural Monument listed 40-story, 157 m (515 ft) ... This page was last edited on 3 December 2024, at 15:24 (UTC).
The Union Banking Corporation (UBC) was a New York investment bank incorporated in 1924 in the United States.During World War II, under the U.S. Trading with the Enemy Act, the United States government seized the bank's assets pending investigation of the bank's business involving a former party member of the Nazi government in Germany, Fritz Thyssen.