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Japanese bank MUFG hires three managing directors to cover private equity


MUFG
MUFG snares three banking veterans from rival institutions.
Michael Klein, Keith Murray join from Regions Bank and RBC, respectively, John Timoney joins from Antares. 
The Japanese bank continues its hiring spree with an eye on direct lending and PE coverage.
MUFG has hired three senior bankers in the US to bolster its coverage of private equity firms and build out its direct lending business.
Michael Klein and Keith Murray have joined the Japanese bank as managing directors of sponsor coverage, MUFG spokesperson Assaf Kedem told Insider. Both will report to Matt Maley, MUFG s head of private equity sponsor coverage, which falls within the bank s corporate advisory group. ....

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Rob Swanson Joins MUFG Union Bank as Northern California Market President for Commercial Banking


Rob Swanson Joins MUFG Union Bank as Northern California Market President for Commercial Banking
Swanson will also oversee the Technology and Venture Banking verticals
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MUFG
Union Bank today announced that Rob Swanson has joined as Managing Director, Northern California Market President. Based in the Bay Area, Swanson reports to Bita Ardalan, Head of Commercial Banking for Union Bank.
Rob Swanson
In his role, Swanson will lead the strategy and management of the bank s middle market activities in Northern California and the Central Valley. He will oversee a high-caliber team of professionals providing advisory services and solutions specifically tailored to the unique business objectives of corporate clients across industries, as well as spearhead the Technology and Venture Banking industry verticals within the Commercial Bank. ....

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MUFG Union Bank Launches Green Deposits in the United States


MUFG Union Bank Launches Green Deposits in the United States
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NEW YORK, Feb. 22, 2021 /PRNewswire/  MUFG Union Bank, N.A., today announced that it has launched Green Deposits for commercial and corporate clients to support sustainable projects that benefit the environment.
Available in the United States, Green Deposits give clients the opportunity to invest their deposits in Environmental, Social and Governance (ESG) projects. MUFG will use the deposited funds to finance ESG projects such as energy efficiency; renewable energy; green transport; sustainable food, agriculture, and forestry; waste management; and greenhouse gas reduction, among others. ....

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