press releases · November 13, 2012

Press Release

November 14, 2012

Federal Reserve Board announces its approval of the application by Mitsubishi UFJ Financial Group, Inc., The Bank of Tokyo-Mitsubishi UFJ, Ltd., and UnionBanCal Corporation

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The Federal Reserve Board on Wednesday announced its approval of the application by Mitsubishi UFJ Financial Group, Inc., The Bank of Tokyo-Mitsubishi UFJ, Ltd., both of Tokyo, Japan, and UnionBanCal Corporation (UnionBanCal), San Francisco, California, to (1) acquire Pacific Capital Bancorp (PCB) and its subsidiary bank, Santa Barbara Bank Trust, N.A., both of Santa Barbara, California, and (2) merge PCB with UnionBanCal.

Attached is the Board's Order relating to this action.

For media inquiries, call 202-452-2955.

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APA
Federal Reserve (2012, November 13). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20121114_federal_reserve_board_announces_its_approval_of
BibTeX
@misc{wtfs_press_release_20121114_federal_reserve_board_announces_its_approval_of,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2012},
  month = {Nov},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20121114_federal_reserve_board_announces_its_approval_of},
  note = {Retrieved via When the Fed Speaks corpus}
}