The culture of Union Bank has significantly declined since MUFG took over on 7/1/14 and thinks continue to decline since - Anonymous employee Union Bank Employee Review

The lack of real leaders, the entire organization is filled with cliques and silos, they don't offer true leadership training, they don't promote from within - instead, leaders just hire all of their friends from past banks; the benefits they advertise are difficult to utilize; we used to have a casual dress code and now we have to wear business/business attire; they took away all of our banked sick days (many of us lost 400 hours and we only accrue 7 days a year now). Tokyo is micro-managing and stifles our ability to perform at our best level. The main priority is on expense reduction and cutting jobs. Very toxic culture and morale is very low.