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Prospect News home > News index > List of issuers U > Headlines for Union Bank of California, NA > News item |
Fitch affirms Union Bank
Fitch Ratings said it affirmed the long-term issuer default rating of UnionBanCal Corp. and its bank subsidiary, Union Bank, at A.
The outlook is stable.
The ratings reflect the company's well-established franchise, including access to foreign-currency liquidity, independent of the parent and its good quality, reputation and efficiency of the regulatory regime of the subsidiary, Fitch said.
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