News Topic: MUFG

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Previously head of corporate and investment banking in the Americas, Cronin will replace Stephen Cummings as president and CEO of Mitsubishi UFJ Financial Group's U.S. holding company, as well as its San Francisco-based bank. ... Read full article

Habis, who joins the bank from MUFG Union Bank, will replace Michael Cleary, who left Santander last fall and recently joined Wells Fargo. ... Read full article

M&T hires Aarthi Murali away from JPMorgan Chase as its customer experience chief; when a small town loses its only bank; why more banks are ditching their legacy core vendors; and more from this week’s most-read stories. ... Read full article

Greg Seibly guided Sterling through the financial crisis before engineering its sale to Umpqua Holdings in 2014. He is currently CEO of the Federal Home Loan Bank of San Francisco. ... Read full article

The Boston bank’s online money market account won’t start until later next year, and many rivals have already beaten it to the punch. But the window for new entrants is still open provided they do certain things right, experts say. ... Read full article

Only three of the world's 10 biggest banks joined the coalition of 130 global financial firms in agreeing to align their business with international efforts to address climate change and other environmental issues. ... Read full article

The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer. ... Read full article

Pierre Habis, president of PurePoint Financial, explains how the digital bank and small network of paperless branches are meeting consumers’ needs. ... Read full article

Some of the biggest industry moves in May and early June were not executive promotions, but rather departures. ... Read full article

The bank launched Finn in an effort to attract millennials. But there were problems with how it implemented the digital-only brand, experts said. ... Read full article

A year after launching the digital bank, JPMorgan Chase has concluded that the millennials it targeted don't need a separate brand. ... Read full article

Former Managing Director Timothy Fletcher banished for role in referral hiring; Apple-Goldman collaboration shows banks fear missing out. ... Read full article

The OCC said that branches in New York, Los Angeles and Chicago will be required to take certain corrective actions, but it did not hit the Japanese-owned bank with any financial penalties. ... Read full article

BBVA, BNP Paribas and MUFG recently used BBVA's blockchain to reach an agreement within 24 hours — instead of two weeks — to lend a Spanish power company $150 million. ... Read full article

Christopher Higgins will join MUFG Americas in December as chief information and operations officer. ... Read full article

In the newly created role of chief transformation officer, Ranjana Clark is in charge of ensuring MUFG stays ahead of tech disruption. She said that entails nothing less than a kind of cultural revolution. ... Read full article