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Effective on January 1, 2019, having received all regulatory approvals, Manufacturers Bank became a wholly owned subsidiary of a newly formed bank holding company, SMBC Americas Holdings, Inc. (SMBCAH). view our announcement
Prior to the restructuring, Manufacturers Bank was a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), which is the 100% owner of SMBCAH. Click here for additional details. The new ownership structure will have no effect on Manufacturers Bank's customers and business partners.
The Bank will continue to engage in the same business in which it presently is engaged and will continue its operations out of its current locations.
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