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MUFG Merge

U.S. Bancorp Takes Over Japan’s MUFG California Banking Franchise In $8 Billion Purchase 

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U.S. Bancorp announced Tuesday its official agreement to acquire Mitsubishi UFJ Financial Group’s core regional banking franchise, MUFG Union Bank, in a transaction merging the two premier organizations to provide improved service across west coast communities, including Santa Clarita.  Unanimously approved by the board of directors of both U.S. Bancorp and MUFG on Tuesday, the official transaction is expected to ...

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