UnionBanCal Corp. said parent Mitsubishi UFJ Financial Group Inc. will inject $2 billion by Wednesday to offset possible credit losses if the economy weakens further.

President and Chief Executive Masaaki Tanaka said the capital contribution was made at UnionBanCal's request to ensure that customers, bank regulators, credit-rating agencies and others "continue to view UnionBanCal as one of the financially strongest financial institutions in the U.S."

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