UnionBanCal Corp. is a financial holding company with assets of about $84 billion. Its primary subsidiary, Union Bank N.A., is a commercial bank with a sweet spot in small businesses, midmarket firms and corporations.
Union Bank has about 400 offices in California, Oregon, Washington and Texas. The San Francisco-based holding company is a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ Ltd., itself a subsidiary of Mitsubishi UFJ Financial Group Inc. The holding company has annual revenues of about $3 billion and 10,000 employees.
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