Press Release
MUFG Americas Holdings Corporation Announces Release of its 2016 Dodd-Frank Act Mid-Cycle Stress Test Results
Press Contact:
Alan Gulick
1-425-423-7317
alan.gulick@unionbank.com
Investor Relations contact:
Doug Lambert
1-212-782-6872
doug.lambert@unionbank.com
NEW YORK – MUFG Americas Holdings Corporation (the Company) released today the results of its mid-cycle company-run stress tests conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA). The summary results include the Company’s projected revenues, losses and capital ratios over a nine-quarter period ending September 30, 2018 under a required hypothetical DFA stress scenario, the Severely Adverse scenario, and DFA-defined capital actions. The results can be found at https://www.unionbank.com/about-us/investor-relations under Dodd-Frank Reports.
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG Americas Holdings Corporation is a financial holding company and bank holding company with assets of $117.2 billion at June 30, 2016. Its principal subsidiary, MUFG Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. As of June 30, 2016, MUFG Union Bank, N.A. operated 366 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as two international offices. MUFG Americas Holdings Corporation is owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Mitsubishi UFJ Financial Group, Inc., one of the world’s leading financial groups. The Bank of Tokyo-Mitsubishi UFJ, Ltd. is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. Visit www.unionbank.com or www.mufgamericas.com for more information.