| Business Summary | | UnionBanCal
Corporation
is
a
commercial
bank
holding
company,
with
Union
Bank
of
California,
N.A.
being
its
major
subsidiary.
The
Company
provides
a
wide
range
of
financial
services
to
consumers,
small
businesses,
middle
market
companies
and
major
corporations,
primarily
in
California,
Oregon,
and
Washington,
but
also
nationally
and
internationally.
The
Company's
operations
are
divided
into
four
primary
segments:
Community
Banking
and
Investment
Services
Group,
Commercial
Financial
Services
Group,
International
Banking
Group,
and
Global
Markets
Group. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UnionBanCal,
through
its
subsidiary
Union
Bank
of
California,
engages
in
commercial
banking
primarily
in
CA,
OR,
and
WA,
but
internationally
as
well.
For
the
six
months
ended
6/30/01,
interest
income
fell
4%
to
$1.17
billion.
Net
interest
income
after
loan
loss
prov.
fell
11%
to
$601
million.
Net
income
decreased
25%
to
$224.4
million.
Results
reflect
a
decrease
in
loans,
increased
loan
loss
provisions,
and
the
absence
of
a
$19
million
restructuring
credit. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kaoru Hayama, 66 Chairman | $586K | Norimichi Kanari, 54 Vice
Chairman, Pres, CEO | -- | Yoshihiko Someya, 53 Deputy
Chairman, Credit and Admin. | 415K | Robert Walker, 59 Vice
Chairman and Head of the Commercial Financial Services Group for the Company and t | 725K | David Matson, 56 Exec.
VP, CFO | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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