Tag - mufg

 
 

MUFG

Japan Times
BUSINESS / Companies
Dec 24, 2021
Mitsubishi UFJ targets Asia unicorns with debt-finance fund
Japan's largest lender will start a u00a534 billion fund early next year after upsizing its first joint-venture fund earlier this year.
Japan Times
BUSINESS / Companies
Sep 21, 2021
Mitsubishi UFJ to sell part of American unit to U.S. Bancorp
The Japanese financial group will acquire MUFG Union Bank's operations for corporate customers and then sell all the shares to U.S. Bancorp, the sources said.
Japan Times
BUSINESS / Economy
Aug 19, 2021
Top U.S. operator Coinbase ties up with MUFG to start Japan cryptocurrency exchange
There were already 31 companies registered to trade cryptocurrency assets in the nation, including Coincheck Inc., owned by Monex Group Inc., and GMO Coin Inc.
Japan Times
BUSINESS / Companies
Aug 4, 2021
MUFG staff to set ‘personal rhythms’ with hybrid work model
At the pandemic's peak, around 98% worked remotely — now MUFG employees in Europe, the Middle East and Africa can decide how they want to work.
Japan Times
BUSINESS / Companies
Jun 11, 2021
Japan’s biggest bank to bet ¥1 trillion on riskier asset push
Mitsubishi UFJ Financial Group Inc. expects to begin buying credit, equities and alternative assets in the second half of this year that will likely focus on U.S. securities.
Japan Times
BUSINESS
Jun 4, 2021
Japanese banks’ ¥300 trillion dilemma puts focus back on riskier bets
Deposits at the nation's top three banks alone grew by u00a541 trillion in the year ending in March.
Japan Times
BUSINESS / Companies
May 18, 2021
Mitsubishi UFJ pledges net zero emissions in finance portfolio by 2050
The bank will also aim for carbon neutrality in its own operations by 2030, it said. The lender will provide annual updates on its progress toward the 2050 target.
Japan Times
BUSINESS / Companies
Mar 23, 2021
Morgan Stanley doubles down in Japan to back MUFG’s wealth push
The New York-based lender has dispatched Darren Spencer, former chief operating officer of Morgan Stanley Private Wealth Management, to Tokyo to train staff.
Japan Times
BUSINESS / Companies
Mar 1, 2021
Little-known fees help Japan's trust banks dominate profitable niche market
Insiders say an 'industry custom' of termination fees keeps profitable business in the hands of a few big trust banks because newcomers balk at the cost.
Japan Times
BUSINESS
Feb 18, 2021
Cash-loving Japan shifts from notes and coins in boost for banks
As banks move toward digitalization, the pandemic has added an incentive for consumers and merchants to avoid touching physical money.
Japan Times
BUSINESS / Companies
Dec 25, 2020
Junichi Hanzawa, MUFG’s next banking unit chief, targets Asia for growth
Japan's biggest bank has been aggressively expanding in Asia, where it has spent about $15 billion buying stakes in lenders in Indonesia, Thailand, Vietnam and the Philippines.
Japan Times
BUSINESS
Dec 11, 2020
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
Having already divested trillions of yen under pressure from regulators and investors, megabanks are now down to a clutch of firms that are resistant to stake sales.
BUSINESS
Nov 20, 2020
Japanese companies team up to test private digital currency
The lack of interoperability between different cashless payment applications remains a hurdle both for consumers and retailers.
Japan Times
BUSINESS / Markets
Nov 14, 2020
Japanese banks warn of tougher road ahead after solid earnings
MUFG and Mizuho raised their full-year profit targets, thanks mainly to strong results from trading and serving cash-strapped corporate clients in the six months ended Sept. 30.
Japan Times
BUSINESS / Companies
Nov 11, 2020
Japanese banks to hit profit goals as stimulus curtails bad loans
Any moderation of bad-loan charges would mirror a trend seen around the world this earnings season, after banks from Singapore to the U.S. kept defaults at bay.
Japan Times
BUSINESS / Companies
Oct 23, 2020
MUFG rules out more job cuts at Asia brokerage after restructuring
The move contrasts with those of other major banks such as Goldman Sachs Group Inc., which are resuming job cuts.
Japan Times
BUSINESS / Markets
Aug 25, 2020
MUFG plans to offer COVID-19 bonds to individual investors
Japan’s biggest lender is planning to raise funds from individual investors to help smaller companies and hospitals tackle the COVID-19 pandemic.
Japan Times
BUSINESS
Jul 14, 2020
Grab deal just the start of MUFG's focus on technology investment, says CEO
Hironori Kamezawa, 58, say the digital shift has picked up pace in the wake of the novel coronavirus pandemic.
Japan Times
BUSINESS / Companies
Jun 20, 2020
Mega-bank MUFG to ban loans to makers of nukes, but not missiles
The bank's revised guidelines don't close the door on nuclear-related businesses that make missiles capable of carrying atomic weapons.
Japan Times
BUSINESS / Companies
May 20, 2020
Mitsubishi UFJ bank to slash branches 40% by March 2024
The company initially planned a 20 percent reduction and then revised the target to 35 percent a year ago.

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