UnionBanCal Corporation Announces Release of Its 2014 CCAR Results and
Annual Dodd-Frank Act Stress Test Results
SAN FRANCISCO -- March 26, 2014
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
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
Press spacebar to pause and continue. Press esc to stop.