SAN FRANCISCO, July 14, 2016 – Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, today announced that Jeffrey Bucher has joined the organization as Managing Director and Head of Transaction Banking Sales for the Regional Bank. He is responsible for developing the transaction banking business for the Regional Bank division, which covers the bank's Retail Banking, Wealth Markets, Business Banking, Commercial Banking, Real Estate Industries, and Homeowners Association business units. Based in Irvine, California, he oversees a team of sales professionals and associates. Bucher reports to Ranjana Clark, Head of Transaction Banking Americas and Bay Area President for MUFG and Union Bank, the Regional Bank's go-to-market brand.
"Our Regional Bank represents a significant segment for our growing Transaction Banking business," said Clark. "Jeff's extensive experience in transaction banking, market knowledge, and his successful track record leading national sales teams will be instrumental in helping CFOs and treasury officers meet their business objectives with our transaction banking offerings."
Bucher has more than 20 years of banking experience. Most recently, he served as senior vice president, divisional manager for Treasury Management at US Bank. Prior to that, he was senior vice president and regional manager of Treasury Management at KeyBank, where he covered the Seattle and Denver markets. Bucher began his career in consumer banking at Citibank.
He holds a bachelor's degree from the University of Redlands and a Master of Business Administration degree from the Graziadio School of Business at Pepperdine University.
Bucher is a member of the Association of Financial Professionals. Active in the community, he most recently served as Board President of the Denver Business Series.
The Transaction Banking Division provides clients with working capital management and asset servicing solutions. The division offers treasury management, trade finance, and global trust services to clients across various segments including Retail Banking, Corporate Banking, Asian Corporate Banking, and Government entities. For more information, click here.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $120.0 billion, as of March 31, 2016, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world's largest financial organizations with total assets of approximately ¥298.3 trillion (JPY) or $2.6 trillion (USD)1, as of March 31, 2016. 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.
(1)Exchange rate of 1 USD=¥112.68 (JPY) as of March 31, 2016