'Tokyo' may be dropped from name of Japan's top bank

/ May 15, 2017

'Tokyo' may be dropped from name of Japan's top bank

Bank of Tokyo-Mitsubishi UFJ is considering dropping "Tokyo" from its name amid complaints from customers that it is too long, sources said Sunday. The core unit of Japanese industry leader Mitsubishi UFJ Financial Group Inc. is likely to be renamed MUFG Bank as early as ...

/ Oct 6, 2016

BTMU to cooperate with foreign banks over money laundering

Bank of Tokyo-Mitsubishi UFJ, Japan's biggest lender, will join foreign peers in using advanced technology to spot illegal activity, sources close to the matter said. The bank will partner with British giant HSBC and Singapore's OCBC Bank in using the latest information technology and financial ...

/ Apr 23, 2015

Sharp's ¥200 billion bailout approved by Mizuho, BTMU

Sharp Corp. has effectively been given the green light to receive ¥200 billion ($1.7 billion) in financial support from its two main creditor banks on condition it engages in more drastic restructuring, sources close to the matter said Thursday. Mizuho Bank and the Bank of ...

/ Jun 27, 2013

Three top banks to bump up mortgage rates in July

Three major banks are considering hiking their housing loan rates more in July as record-low long-term interest rates continue to edge up, sources said. Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank and Sumitomo Mitsui Banking Corp. are likely to raise their 10-year fixed-rate mortgages by 0.05 ...