LONDON, ENGLAND, April 27, 2012 /24-7PressRelease/ -- Global Banking and Finance Review have announced it has named Union Bank, N.A., the Best Corporate Trust Bank in the United States of America for 2012.
The awards honors companies that stand out in particular areas of expertise in the banking and finance industry. Union Bank ranked first in the Best Corporate Trust Bank United States of America category by the judging panel of industry analysts. Criteria considered by the panel included detailed research on quality, performance and community commitment.
'Union Bank has been chosen in this category this year because of the bank's remarkable achievements in many areas of
banking, finance and quality products . Each year we endeavor to find the very best in a particular category and Union Bank not only met the criteria but exceeded in most', said David Cooke, Assistant Editor, Global Banking and Finance Review.
Union Bank scored highest in the following areas:
1. Financial stability and a consistent balance sheet
2. Strong hands-on customer relations and customer service
3. Excellent financial education to its customers
4. A commendable commitment to local communities
5. Great ethical approach to corporate social responsibility
6. Transparent corporate governance
"We are honored to receive this award from Global Banking and Finance Review as it validates our efforts to provide our valued customers with world-class service for their corporate trust needs," said Marianne Bamonte, Union Bank senior vice president and head of Institutional Trust Services. "Our strong and stable balance sheet and reputation in the United States as among the best capitalized banks in the country further underscores the rationale behind this global award. We are proud to be recognized, and remain committed to achieving excellence in our corporate trust division."
About Global Banking and Finance Review
The Global Banking and Finance Review Awards honor institutions that stand out in their particular area of expertise in the
Finance Industry . The awards are becoming a benchmark for performance and reliability within the banking and finance world and they provide an accurate indicator in this world. They recognize achievement, challenge, progress and inspirational change in finance globally.
About Union Bank
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $92.3 billion at March 31, 2012. 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 operates 407 branches in California, Washington, Oregon, Texas, Illinois, and New York, as well as two international offices. 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.
For more information on Global Banking and Finance Review, please visit http://www.globalbankingandfinance.com
Media contact for Global Banking and Finance Review:
David Cooke, Assistant Editor +44 (0) 208 144 3511 , [email protected]
Media contact for Union Bank:
Joanne Curran, Corporate Communications, 213-236-5017, [email protected]
Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. It is reflected in the quality and in-depth insight provided by our experienced contributors in a clear and concise way. Global Banking and Finance Review brings together the entire fundamental and growth areas of finance and banking into one easy, informative and all-encompassing publication. We have objective and respected editorial contributions from all major sectors, such as FOREX, Asset Management, Corporate Governance, Islamic Finance, Project Finance, Mergers and Acquisitions, Tax and Accounting and Inward Investment; all under one global umbrella. The editorial contributions are from various Central Banks, independent organizations and independent bodies. The editorial content is impartial in nature. The readership comprises of senior decision makers from fortune 500 companies, large banks, financial institutions and Central Banks from 190 different countries.
For further information visit www.globalbankingandfinance.com
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