Award announcement for Union Bank as Best Corporate Trust Bank - Global Banking & Finance Review
This image highlights Union Bank's recognition as the Best Corporate Trust Bank in the U.S. by Global Banking & Finance Review, showcasing its leadership and dedication in corporate trust services.
Top Stories

GLOBAL BANKING & FINANCE REVIEW NAMES UNION BANK BEST CORPORATE TRUST BANK IN U.S.

Published by Gbaf News

Posted on April 8, 2014

3 min read

· Last updated: April 11, 2014

Add as preferred source on Google

Union Bank Wins Prestigious Trust Banking Award

Global Banking & Finance Review has named Union Bank, N.A. the Best Corporate Trust Bank in the United States of America 2014 for the third consecutive year.

“Union Bank, a member of the Mitsubishi UFJ Financial Group (MUFG), has proven, for a third straight year to be a leader in the field of Corporate Trust Banking. Their dedicated relationship management team delivers the tailored solutions clients need and comprehensive online services,” said Wanda Rich, Editor, Global Banking & Finance Review.

Why Union Bank Stands Out in Corporate Trust

The awards honour companies that stand out in a particular area of expertise within the banking and finance industry. Union Bank won again because of the company’s outstanding achievements in many areas of the corporate trust sector and by scoring the highest in the following categories according to our judging panel:

  • Comprehensive single point access to online services for Trust & Custody
  • Dedicated relationship management team of certified corporate trust specialists
  • Transparent corporate governance
  • Corporate social responsibility initiatives and dedication to the communities it serves
  • Conservative lending and sound capital
  • Global Solutions

“We are thrilled to once again receive this Global Banking & Finance Review award that validates our dedication and commitment to serving the corporate trust needs of our valued clients,” said Marianne Bamonte, Union Bank senior vice president and head of Global Trust Services.

Overview of the Global Banking & Finance Review

About Global Banking & Finance Review

The Global Banking & Finance Review Awards honour institutions that stand out in their particular area of expertise in the finance industry. They recognize achievement, challenge, progress and inspirational change in finance globally. Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. It is reflected in the quality and in-depth insight provided by our experienced contributors in a clear and concise way. Global Banking & Finance Review brings together the entire fundamental and growth areas of finance and banking into one easy, informative and all-encompassing publication. We have objective and respected editorial contributions from all major sectors, such as Banking, Technology, FOREX Trading, Asset Management, Corporate Governance, Islamic Finance, Project Finance, Mergers and Acquisitions, Tax and Accounting and Inward Investment; all under one global umbrella.  For Further Information please visit explore.

About UnionBanCal Corporation and Union Bank

About UnionBanCal Corporation & Union Bank, N.A.

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $105.9 billion at December 31, 2013. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 420 branches in California, Washington, Oregon, Texas, Illinois, Georgia, and New York, as well as two international offices, on December 31, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. Visit http://www.unionbank.com for more information.

Media Contact Information for Union Bank

Media Contact for Union Bank:

Joanne Curran

Email: joanne.curran@unionbank.com

Phone: 213-236-5017

Media Contact for Global Banking & Finance Review

Media contact for Global Banking & Finance Review:

Wanda Rich

Email: info@gbafmag.com

Phone: +44 208 144 3511

Key Takeaways

  • Union Bank, N.A. was named Best Corporate Trust Bank in the U.S. for the third consecutive year in 2014 by Global Banking & Finance Review.
  • Recognition was based on excellence in online services, relationship management, governance, CSR, conservative lending, and global solutions.
  • UnionBanCal, headquartered in San Francisco, had $105.9 billion in assets as of Dec 31, 2013 and operated 420 branches across several U.S. states.
  • The award underscores Union Bank’s leadership in corporate trust services within MUFG’s global framework.

References

Frequently Asked Questions

Who awarded Union Bank Best Corporate Trust Bank in 2014?
Global Banking & Finance Review named Union Bank, N.A. Best Corporate Trust Bank in the United States in 2014.
How many times has Union Bank won this award?
They won for the third consecutive year in 2014.
What criteria were used for the award?
Awards were based on superior online trust services, certified relationship management, transparent governance, CSR, conservative lending, and global solutions.
Where is Union Bank headquartered?
Union Bank, part of UnionBanCal Corporation, is headquartered in San Francisco, USA.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category