SAN FRANCISCO, Sept. 6, 2017 /PRNewswire/ -- Union Bank today announced the appointment of Anthony (Tony) White as a Commercial Banking Managing Director and South Bay Regional Manager. He replaces William (Bill) Bloore, who now leads the Commercial Banking Technology Industry initiative. Based in San Jose, White reports to Peter Sitov, Managing Director and Commercial Banking Market President for Northern California and the Central Valley.
In this role, White will lead the bank's Middle Market and Business Banking strategy for the San Jose region. He will be responsible for serving the needs of privately held, private-equity-owned, and public companies in the greater South Bay market.
"This appointment is part of our strategic growth plan to expand our coverage of Middle Market technology and general industries businesses in the greater San Jose market," said Peter Sitov. "Tony's capital market expertise, coupled with his commercial banking experience, will be a great asset to our clients and prospects."
White joins Union Bank from Wells Fargo where he served as a Senior Vice President and Senior Relationship Manager covering Mid-Corporate and Middle Market technology and commercial and industrial companies in the South Bay market. Prior to Wells Fargo, he held several positions in investment banking, corporate banking, and credit risk management at J.P. Morgan.
White earned both his bachelor's and law degrees at UCLA. He holds a Masters of Business Administration in Finance and Real Estate from the Kellogg School of Management at Northwestern University.
About Commercial Banking The Commercial Banking division at MUFG Union Bank, N.A focuses on companies on the West Coast with traditional Middle Market and Business Banking profiles, with revenues between $10 million to $1 billion. The Commercial Bank offers a broad spectrum of commercial credit products including commercial loans and assets based loans, in addition to a full array of traditional commercial banking products including Treasury Management, interest rate derivatives, foreign exchange, Wealth Management, Trade Finance services, Global Business, Syndications, and more.
About MUFG Union Bank, N.A. MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $116.7 billion, as of June 30, 2017, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world's largest financial organizations with total assets of approximately ¥304.2 trillion (JPY) or $2.7 trillion (USD)¹, as of June 30, 2017. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.
1 Exchange rate of 1 USD=¥112.0 (JPY) as of June 30, 2017