MUFG Announces Shift in Expected Closing Date of the Sale of MUFG Union Bank to U.S. Bancorp to Second Half of CY2022

On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A., MUFG's subsidiary owned through MUFG Americas Holdings Corporation, to U.S. Bancorp, with an expected cl