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UNION BANK APPOINTS MICHAEL F. COYNE SENIOR EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL
For Immediate Release
SAN FRANCISCO/NEW YORK – August 26, 2013 – Union Bank, N.A. today announced that senior banking industry attorney Michael F. Coyne will join the company as Senior Executive Vice President and General Counsel for the bank and its holding company, UnionBanCal Corporation. Coyne succeeds retiring Senior Executive Vice President and General Counsel Morris W. Hirsch. Coyne, who will be based in San Francisco, will serve on The Bank of Tokyo-Mitsubishi UFJ’s (BTMU) Americas Holdings Executive Committee, the primary policy making group for BTMU operations in the Americas. He will also serve as General Counsel of MUFG Americas Holdings, BTMU Americas Holdings, and BTMU’s Headquarters for the Americas, functioning as the senior legal officer for BTMU’s operations in the Americas, including Union Bank.
As General Counsel, Coyne’s responsibilities will include legal support for UnionBanCal Corporation’s board of directors; oversight of all corporate litigation and government affairs functions; legal oversight of mergers and acquisitions, regulatory matters, securities and credit transactions; and all of the bank’s internal and external legal support. He will report to Masashi Oka in Mr. Oka’s capacities as BTMU’s CEO for the Americas and Union Bank’s President and CEO.
“Mike is a seasoned counselor with a deep knowledge of the financial services industry,” said Oka. “His 30 years of experience and insight as a legal advisor provide us precisely the global skill set we were seeking to help us advance Union Bank’s and BTMU’s growth across the Americas.”
Prior to joining Union Bank, Coyne had a highly successful 21-year career at JPMorgan Chase & Co. in New York, most recently as Senior Vice President, Associate General Counsel and Co-Head of Litigation. From 1992 to 2004, he was a senior litigation staff attorney. In 2004, he was appointed Senior Vice President, Associate General Counsel and Co-Head of Investment Banking Litigation. In 2010, he became Co-Head of Litigation, responsible for all of litigation and governmental investigation matters affecting the bank’s businesses worldwide.
After earning his J.D (cum laude) from Boston College Law School in 1983, Coyne joined Rogers & Wells, a New-York based international law firm, specializing in securities, corporate and commercial and real estate cases. He earned a B.A. in economics and political science from the University of North Carolina, Chapel Hill in 1980. In addition to being a member of the New York State Bar, Coyne serves on the board of directors of the U.S. Chamber of Commerce’s Institute for Legal Reform; vice chairman of The Clearing House’s Litigation Advisory Committee; member of the Association of the Bar of the City of New York; and a member of the Federal Bar Council.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $102.3 billion at June 30, 2013. Its primary subsidiary, Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 422 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on June 30, 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 (MUFG, NYSE:MTU), one of the world’s largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. Visit http://www.unionbank.com for more information.
About Bank of Tokyo–Mitsubishi UFJ and Mitsubishi UFJ Financial Group
The Bank of Tokyo-Mitsubishi UFJ (BTMU) is Japan's premier bank, with a global network spanning more than 40 countries. BTMU offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. In the Americas, BTMU has offices throughout the United States, Canada, and Central and South America serving mainly corporate clients. BTMU's parent, Mitsubishi UFJ Financial Group (MUFG), is one of the world's leading financial groups, with total assets of more than JPY 234 trillion (approximately US$2.37 trillion) as of June 30, 2013. MUFG's services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include BTMU, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings, one of Japan's largest securities firms. MUFG's shares trade on the Tokyo, Osaka, Nagoya, and New York (NYSE: MTU) stock exchanges.