Union Bank Combines Trust Operations Consolidates Accounting And Custodial Systems

PORTFOLIO MANAGEMENT

By early next year, Union Bank of California's trust division is set to release an on-line reporting system to the institutional clients of its custodial operations. The system results from a product originally customized for one client and will be the first offering to come out of the trust bank since last year's merger of Union Bank and Bank of California.

The two San Francisco commercial banks joined up after their Japanese parents had themselves merged in 1995. Union was part of the Bank

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