TOKYO -- Mitsubishi UFJ Financial Group (MUFG) has made a formal decision to unload the former headquarters building of San Francisco-based Union Bank, the U.S. regional banking subsidiary it sold in 2021, Nikkei Asia has learned.
Finance
MUFG to sell San Francisco office tower in faltering market
Deal comes as Japanese group shifts U.S. strategy to focus on wholesale banking
MUFG acquired the San Francisco building that later became Union Bank headquarters when it bought the Bank of Tokyo in 1996.
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