In what would be the latest tie-up of regional banks, U.S. Bancorp in Minneapolis is acquiring MUFG Union Bank in San Francisco for $8 billion in cash and stock. The deal, announced early Tuesday, ...

MINNEAPOLIS & NEW YORK & SEATTLE--(BUSINESS WIRE)--U.S. Bancorp and MUFG Union Bank N.A. (“MUFG Union Bank”) announced that they have entered into a definitive agreement to sell three legacy ...

Union Bank, MUFG Union's brand in those markets, ranks 13th and 14th, respectively. EARLIER : Q&A with U.S. Bancorp CEO Andy Cecere After the deal, MUFG will hold a minority stake of approximately ...

Minneapolis-based U.S. Bank has decided to close the wholesale mortgage businesses it inherited in the acquisition of California-based MUFG Union Bank, the company confirmed on Friday. “ ...

WASHINGTON—The Federal Reserve on Friday approved U.S. Bancorp’sUSB-0.42%decrease; red down pointing triangle acquisition of MUFG Union Bank’s core retail-banking business, one of a series ...

TOKYO & NEW YORK--(BUSINESS WIRE)--MUFG and MUFG Bank, a core banking subsidiary of MUFG, today announced that they have agreed with U.S. Bancorp (USB) to the sale of all shares in MUFG Union Bank ...

The banker credited with guiding Sterling Financial in Spokane, Wash., through the financial crisis is set to join MUFG Union Bank as head of its key business lines and leader of its digital ...

U.S. Bank’s $8 billion cash-and-stock purchase of MUFG Union Bank’s retail operations may not reach the finish line, a prominent banking analyst said. “I have been asked several times ...

U.S. Bancorp, which acquired MUFG Union Bank late last year, has agreed to settle allegations that its predecessor company deceived customers about three different kinds of fees. The settlement ...

U.S. Bancorp will not have to endure stricter financial regulations as a result of its acquisition of MUFG Union Bank, a boon after months of preparation for the elevated requirements. This week ...

U.S. Bancorp on Friday received all of the U.S. regulatory approvals needed to go ahead with its $8 billion acquisition of MUFG Union Bank, clearing the path for the nation's latest big-bank merger.