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Press Release

Union Bank Expands Pacific Northwest Wealth Management Team

Ryan Velo-Simpson Joins as Wealth Strategist

Press Contact:
Debbie Whitely

Seattle, (July 23, 2018) – Union Bank today announced that Ryan Velo-Simpson has joined its Wealth Markets team in Seattle, as a Director, Wealth Strategist. He reports to Jason P. Liu, Head of Wealth Planning and Director of Sales for Wealth Markets.

Velo-Simpson will work with high net-worth clients of the bank located in the Pacific Northwest region, designing and implementing sophisticated wealth planning strategies which include estate planning, income tax strategies, business succession, and legacy and philanthropic planning.

"Union Bank is committed to helping families, business owners and individuals with their unique and complex wealth management needs by providing skillful wealth planning advice and innovative strategic and tactical solutions," said Liu. "We are thrilled to welcome Ryan to our team of talented and seasoned wealth management professionals. Ryan's depth of wealth management experience, coupled with his presence and knowledge of the Pacific Northwest market, will help us serve our local clientele and expand our market share in the region as we continue to focus on our strategy of helping multi-generational families, women and business owners."

Prior to joining Union Bank, Velo-Simpson served as Senior Vice President, Wealth Strategies Advisor at U.S. Trust. He has also worked as an attorney in private practice in London and Seattle where he advised high net worth clients on domestic and international tax and wealth management issues.

"I am excited to join Union Bank's outstanding Wealth Markets team, which is well respected for its experienced advisors and its customized financial solutions," said Velo-Simpson. "I look forward to working with Jason and the talented Wealth Management team to assist our clients and grow our business."

Velo-Simpson earned a bachelor's degree in business administration from the University of Washington; a Juris Doctor (J.D.) degree from New York University School of Law; and a master's of laws degree (LL.M.) in taxation from University of Washington School of Law. He is a member of the Washington State Bar Association.

About The Private Bank
The Private Bank is an exclusive part of Union Bank dedicated to the financial needs of high net worth individuals, non-profit organizations, business owners, corporate executives and professional service firms. The Private Bank is built around teams of wealth management professionals who deliver customized solutions centered on each client's unique goals and dreams.

About MUFG Union Bank, N.A.
As of March 31, 2018, MUFG Union Bank, N.A. operated 355 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 21 PurePoint Financial Centers and one international office. 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 $120.9 billion, as of March 31, 2018, 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: MUFG), one of the world's largest financial organizations with total assets of approximately ¥306.9 trillion (JPY) or $2.9 trillion (USD)1, as of March 31, 2018. 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.

Wealth planning strategies have legal, tax, accounting and other implications. Prior to implementing any wealth planning strategy, clients should consult their legal, tax, accounting and other advisers.

(1) Exchange rate of 1 USD=¥106.2 (JPY) as of March 30, 2018