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STEPHEN M. SHERLINE JOINS UNION BANK AS REGIONAL MANAGING DIRECTOR OF THE PRIVATE BANK
IN LOS ANGELES
For Immediate Release
LOS ANGELES, CA, January 17, 2012 – Union Bank, N.A. today announced that industry veteran Stephen M. Sherline CFP™ has joined the bank as the regional managing director of The Private Bank in the Los Angeles Region where he’ll oversee all facets of wealth management including wealth planning, investments, risk management, fiduciary services and banking. Based in Beverly Hills, Steve will manage The Private Bank’s locations in Downtown Los Angeles, Beverly Hills, Sherman Oaks, and Woodland Hills.
“Steve brings 25 years of banking and financial management experience serving the needs of families and companies with $1 million to $1billion in assets. His depth of knowledge and unique experience will be a tremendous asset to his team of professionals who are committed to helping our clients manage their financial success,” said Executive Vice President of Wealth Markets Dennis Mooradian. “Union Bank is driven to build long-term relationships with our clients and our communities. Under Steve’s leadership, his team will serve new and existing clients in the region by offering client-focused, customized wealth management solutions.”
Prior to joining Union Bank, Sherline was the Managing Director of Investments for Fifth Third Bank where he led a team that managed more than $3.3 billion in assets. He has a BBA in Economics and Finance from Eastern Michigan University and is a Certified Financial Planner.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $84 billion at September 30, 2011. 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 404 full-service branches in California, Washington, Oregon and Texas, as well as two international offices, on September 30, 2011. 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 (MUFG, NYSE:MTU), one of the world’s largest financial organizations. Visit www.unionbank.com for more information.