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LONDON, ENGLAND, May 23, 2013 /24-7PressRelease/ -- Global Banking & Finance Review has named Union Bank, N.A. the 'Best Corporate Trust Bank in the United States of America 2013' for a second consecutive year.
"Union Bank, a member of the Mitsubishi UFJ Financial Group (MUFG), has proven, for a second straight year, to be a leader in the field of Corporate Trust Banking. They have a dedicated relationship management team, which is committed to developing and maintaining strong customer relationships. Environmental and corporate social responsibility initiatives show their dedication to the communities they serve," said Wanda Rich, Editor, Global Banking & Finance Review.
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:
- Strong customer relationships and service
- Dedicated relationship management team of certified corporate trust specialists
- Transparent corporate governance
- Continued geographic and product expansion
- Commitment to the financial education of its customers
- Corporate social responsibility initiatives and dedication to the communities it serves
- Conservative lending and sound capital resulting in financial stability
- Cultural diversity within the company
"We are again honored to receive this Global Banking & Finance Review award in recognition of our dedication to serving the corporate trust needs of our clients," said Marianne Bamonte, Union Bank senior vice president and head of Global Trust Services. "We value our long-standing relationships with our clients and accept this award as validation of our division's efforts and of the broader qualities of our bank."
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 www.globalbankingandfinance.com.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $97 billion at March 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 443 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on March 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, one of the world's largest financial organizations. Visit http://www.unionbank.com for more information.
Media Contact for Union Bank:
Joanne Curran, Corporate Communications
Email: [email protected]
Media contact for Global Banking & Finance Review:
Email: [email protected]
Phone: +44 208 144 3511
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