Mitsubishi UFJ Financial Group

Orange County Hispanic Education Endowment Fund Receives $70,000 in Support from Union Bank

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星期二, 十一月 29, 2022

NEWPORT BEACH, Calif., Nov. 29, 2022 /PRNewswire/ -- The Orange County Hispanic Education Endowment Fund (HEEF) is honored to receive its largest ever single donation supporting first-generation, college-bound scholars.  MUFG Union Bank (Union Bank), which is expected to be acquired by U.S. Bank on December 1, 2022, is contributing nearly $70,000 as the culmination of a long-term investment in HEEF.  This gift is comprised of $60,000 for the HEEF Endowment and $10,000 for 2023 student scholarships.

Key Points: 
  • MUFG Union Bank (Union Bank), which is expected to be acquired by U.S. Bank on December 1, 2022, is contributing nearly $70,000 as the culmination of a long-term investment in HEEF.
  • Union Bank's landmark gift comes at a historic moment for both HEEF and Union Bank.
  • Since its inception, the Union Bank fund has provided over $90,000 in scholarships to 45 scholars, bringing Union Bank's overall investment to $160,000.
  • Founded in 1993, The Orange County Hispanic Education Endowment Fund (HEEF)'s mission is to provide academic scholarships to talented and deserving Hispanic students in Orange County to inspire, enhance, and improve access to higher education.

MUFG Bank, Ltd. announces Consolidated Summary Report [under Japanese GAAP] for the six months ended September 30, 2022

Retrieved on: 
星期一, 十一月 14, 2022

(C) Average outstanding of total stocks:

Key Points: 
  • (C) Average outstanding of total stocks:
    Six months ended September 30, 2022
    Six months ended September 30, 2021
    *This Consolidated Summary Report (Quarterly Tanshin) is outside the scope of the external auditors interim audit procedure.
  • The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan (Japanese GAAP).
  • Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the six months ended September 30, 2022.
  • Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd.

The Bond Buyer announces its annual Rising Stars rankings for 2022

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星期三, 十一月 16, 2022

NEW YORK, Nov. 16, 2022 /PRNewswire-PRWeb/ -- The Bond Buyer, Arizent's essential resource serving the municipal finance industry, has announced the honorees of its annual Rising Stars rankings. The program, now in its seventh year, celebrates the future of municipal finance leadership by identifying individuals under the age of 40 who are already active and making a difference in the sector.

Key Points: 
  • This year's honorees represent Wells Fargo Bank, RBC Capital Markets, Orrick, Mitsubishi UFJ Financial Group and NYS Environmental Facilities Corp., among others
    NEW YORK, Nov. 16, 2022 /PRNewswire-PRWeb/ -- The Bond Buyer, Arizent's essential resource serving the municipal finance industry, has announced the honorees of its annual Rising Stars rankings.
  • A common theme among many of this year's honorees is a passion for building communities and making a positive impact.
  • "The Rising Stars program continues to grow every year," says Michael Ballinger, Publisher of The Bond Buyer.
  • Across its journalism, events, research and benchmarking, The Bond Buyer provides insight into the most relevant topics from ESG to innovative deal structures.

New Union Bank Survey Finds U.S. Small Business Owners are More Optimistic This Holiday Season; Those Investing in Digital Capabilities are Expected to Benefit Most

Retrieved on: 
星期一, 十一月 14, 2022

LOS ANGELES, Nov. 14, 2022 /PRNewswire/ -- Despite ongoing concerns surrounding inflation, U.S. small business owners are optimistic about the future and feel prepared to adapt as needed to meet their customers' needs. According to new research by Union Bank, a leading West Coast bank, small businesses that have prioritized digital technology capabilities and increased their social media presence since the start of the COVID-19 pandemic have seen their businesses grow. 

Key Points: 
  • The Union Bank Small Business Holiday Spending 2022 Survey reveals that most small business owners are evolving their business to keep up withchanging consumer expectations and demands.
  • The year-end holiday season should deliver an increase in sales for many small businesses, according to the survey.
  • The survey results show 85% of consumers agree that spending money on holiday shopping with a small business is "money well spent."
  • "Today's economic environment has motivated small business owners to adapt and develop their capabilities to maximize earning potential this holiday season.

QNB BANK WELCOMES JEFFREY LEHOCKY AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER

Retrieved on: 
星期五, 十一月 4, 2022

Quakertown, PA, Nov. 04, 2022 (GLOBE NEWSWIRE) -- On November 1, 2022, Jeffrey Lehocky was appointed Executive Vice President and Chief Financial Officer at QNB Bank.

Key Points: 
  • Quakertown, PA, Nov. 04, 2022 (GLOBE NEWSWIRE) -- On November 1, 2022, Jeffrey Lehocky was appointed Executive Vice President and Chief Financial Officer at QNB Bank.
  • In his role, Mr. Lehocky is responsible for the planning, oversight, and management of all accounting, financial, and treasury operations in a manner consistent with the strategic vision and goals of QNB Bank.
  • Previously, he served as Managing Director, Head of Business and Risk Management, Global Transaction Bank for Mitsubishi UFJ Financial Group (MUFG).
  • We are thrilled to welcome Jeff as our new Chief Financial Officer, said David Freeman, President and CEO of QNB Bank.

Marsh McLennan Wins 2022 AFP Pinnacle Awards Grand Prize for Excellence in Treasury and Finance

Retrieved on: 
星期一, 十月 24, 2022

PHILADELPHIA, Oct. 24, 2022 /PRNewswire/ -- Marsh McLennan was announced the winner of the Association for Financial Professionals (AFP) 2022 Pinnacle Awards Grand Prize for excellence in treasury and finance. The Pinnacle Grand Prize, sponsored by MUFG (Mitsubishi UFJ Financial Group NYSE: MUFG), was presented during AFP 2022 in Philadelphia, Pa.

Key Points: 
  • PHILADELPHIA, Oct. 24, 2022 /PRNewswire/ -- Marsh McLennan was announced the winner of the Association for Financial Professionals (AFP) 2022 Pinnacle Awards Grand Prize for excellence in treasury and finance.
  • "AFP is proud to recognize Marsh McLennan with the 2022 Pinnacle Award Grand Prize," said Jim Kaitz, president and CEO of AFP.
  • "MUFG is honored to partner with the AFP in recognizing companies for their excellence in treasury and finance," said Ranjana Clark, head of global transaction banking.
  • Established and administered by AFP, the Certified Treasury Professional and Certified Corporate FP&A Professional credentials set standards of excellence in treasury and finance.

Ørsted partners with ECP in the company’s first-ever farm-down of onshore assets

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星期六, 十月 22, 2022

rsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio consisting of three onshore wind farms and one solar farm in the US.

Key Points: 
  • rsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio consisting of three onshore wind farms and one solar farm in the US.
  • rsted will be the managing member of the partnership and will continue to provide asset management services to the projects.
  • This is not only rsteds first farm-down of onshore assets, but also the first time rsted is divesting multiple assets in one transaction as part of its farm-down program.
  • rsted will be the managing member of the partnership and will continue to provide asset management services to the projects.

Altavair to Lease 10 Converted Airbus A330-300 Freighter Aircraft to Amazon Air

Retrieved on: 
星期五, 十月 21, 2022

Altavair L.P., a leader in commercial aviation finance, announced today the signing of a definitive agreement to lease 10 Airbus A330-300 aircraft to Amazon Air.

Key Points: 
  • Altavair L.P., a leader in commercial aviation finance, announced today the signing of a definitive agreement to lease 10 Airbus A330-300 aircraft to Amazon Air.
  • The aircraft will be delivered following freighter conversion by Elbe Flugzeugwerke GmbH, a joint venture between ST Engineering Aerospace and Airbus.
  • The aircraft are owned by funds and accounts managed by KKR, with Altavair acting as lease servicer.
  • We are very appreciative that Amazon Air placed its confidence with the Altavair team to make this transaction a reality.

U.S. Bancorp Receives Full Regulatory Approval for Acquisition of MUFG Union Bank; Deal Expected to Close December 1

Retrieved on: 
星期三, 十月 19, 2022

The December 1 expected closing date remains subject to the satisfaction of closing conditions set forth in the agreement between the banks.

Key Points: 
  • The December 1 expected closing date remains subject to the satisfaction of closing conditions set forth in the agreement between the banks.
  • We are looking forward to welcoming the customers and employees of MUFG Union Bank to U.S. Bank, said U.S. Bank chairman, president and CEO Andy Cecere.
  • After closing, U.S. Bank will provide MUFG Union Bank customers with information regarding the conversion of their accounts.
  • In addition, changes to statutes, regulations, or regulatory policies or practices could affect U.S. Bancorp in substantial and unpredictable ways.

MUFG Announces December 1 Closing Date of the Sale of MUFG Union Bank to U.S. Bancorp

Retrieved on: 
星期三, 十月 19, 2022

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.

Key Points: 
  • On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A.
  • MUFG further announced on May 15, 2022that an expected closing date has been changed from the first half to the second half of CY2022[2].
  • The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company, and MUFG Union Bank, is in New York City.
  • The main banking office of MUFG Union Bank is in San Francisco, California.