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INDUSTRY VETERAN DENNIS MOORADIAN NAMED LEADER OF WEALTH MARKETS AT UNION BANK

For Immediate Release


Contacts: 
Tom Taggart
(415) 765-2249
tom.taggart@unionbank.com

Joanne Curran
(213) 236-5017
joanne.curran@unionbank.com


SAN FRANCISCO - June 13, 2011 - Longtime wealth management professional Dennis J. Mooradian has joined Union Bank, N.A., as an executive vice president where he'll lead the company's Wealth Markets division which includes The Private Bank; the asset management subsidiary, HighMark Capital Management, Inc; and the brokerage subsidiary, UnionBanc Investment Services, LLC. Based in San Francisco, Mooradian reports to Vice Chairman and Chief Corporate Banking Officer John C. Erickson.

Prior to joining Union Bank, Mooradian served as executive vice president heading wealth and institutional management for Comerica Incorporated where he led 1,300 employees in California, Texas, Florida and Michigan, overseeing private banking, institutional and personal trust, and 401(k) services. He also led the Comerica Asset Management, Comerica Securities, and Comerica Insurance units, and was a member of the bank's management policy committee.

Mooradian also spent seven years at Wells Fargo & Co. initially leading Private Client Services which included personal trust, private asset management, brokerage, and private banking. He later headed the Financial Consultant Advisory Group at Wells Fargo. 

Mooradian earlier worked for Shearson Lehman Hutton, ultimately serving as the chief operating officer of Lehman Brothers Global Private Client Services in New York.

Mooradian is a graduate of Wayne State University and received his MBA from Michigan State University. He also holds a law degree from Michigan State University, Detroit College of Law, and is a member of the Michigan State Bar. He has served on the boards of the San Francisco Opera, the San Francisco Performances, the NYSE Regional Firms Advisory Committee and the Securities Industry Association.

"We are very pleased that Dennis has joined Union Bank and are excited about his ability to leverage his experience to help us grow and strengthen our important wealth related lines of business," said Erickson. 

About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $80.6 billion at March 31, 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 401 banking offices in California, Washington, Oregon and Texas, as well as two international offices, on March 31, 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.