Tag - mufg

 
 

MUFG

BUSINESS
Apr 27, 2018
MUFG draws Senate scrutiny over evasive U.S. licensing switch to Trump regulator
Japan's biggest bank has been accused by New York officials of dodging tough oversight by swapping its state license for a federal one, putting itself under a U.S. agency on the front lines of President Donald Trump's push to ease financial rules.
BUSINESS / Companies
Apr 27, 2018
Mitsubishi UFJ group to book ¥40 billion extraordinary loss as it streamlines branches
Mitsubishi UFJ Financial Group Inc. plans to book an extraordinary loss of about ¥40 billion ($370 million) in fiscal 2017 as its banking unit is considering reorganizing about 15 percent of domestic branches, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Mar 24, 2018
Mega-banks to slash new hires in spring 2019 as ultralow interest rates take toll
Japan's three mega-banking groups plan to hire fewer new graduates in April 2019, it was learned Saturday.
Japan Times
COMMUNITY / Issues / LABOR PAINS
Jan 28, 2018
Court cases shine a light on Japan's problem with paternity leave
Two cases currently before the courts show how the reality of Japanese workplaces can clash with government attempts to encourage fathers to help raise their children.
Japan Times
BUSINESS / Companies
Jan 2, 2018
Japan's biggest banks downsize to stay alive amid population decline
The country's banking giants race to adapt to changing business conditions thanks to a graying population and the spread of online banking.
Japan Times
BUSINESS / Companies
Nov 10, 2017
Japan's biggest banks prepare for massive downsizing and cost overhauls
Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan's biggest banks as they prepare to eliminate thousands of positions and downsize branches.
Japan Times
JAPAN / Society
Nov 2, 2017
Tokyo single father takes on paternity harassment with case against Mitsubishi UFJ Morgan Stanley Securities Co.
A Canadian single father who filed a complaint against Mitsubishi UFJ Morgan Stanley Securities Co. — claiming he was harassed after he took a paternity leave — said Thursday that he hopes his case will highlight workplace struggles faced by fathers in Japan.
Japan Times
BUSINESS / Companies
Oct 29, 2017
Japan's biggest bank plans to slash branches 20 percent and trim payroll
The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, is considering shrinking its domestic branch network by up to 20 percent to boost profitability.
Japan Times
BUSINESS / Companies
Sep 25, 2017
MUFG plans to make inroads into Canadian market with capital markets platform
Mitsubishi UFJ Financial Group Inc. is looking to build a capital-markets platform in Canada, with plans to hire as many as 10 people in Toronto to manage bond deals and stock sales by early next year.
Japan Times
BUSINESS / Companies
Sep 13, 2017
MUFG set to pick Amsterdam as post-Brexit hub for EU investment banking
Mitsubishi UFJ Financial Group Inc. has chosen Amsterdam as a base for its investment-banking business in the European Union after the U.K. leaves the bloc.
Japan Times
BUSINESS / Companies
Aug 14, 2017
MUFG plans to hire in Saudi Arabia to tap privatizations valued at $350 billion
Mitsubishi UFJ Financial Group Inc. is looking to hire in Saudi Arabia as the lender seeks to benefit from privatizations valued at more than $350 billion over the next five years.
Japan Times
BUSINESS / Companies
Aug 12, 2017
In bid to go global, MUFG woos overseas talent
Andrew Mitola had never heard of Mitsubishi UFJ Financial Group Inc. until he met recruiters for the bank during his junior year of college.
Japan Times
BUSINESS / Companies
Aug 1, 2017
MUFG arms itself with ¥1 trillion war chest for acquisitions
Mitsubishi UFJ Financial Group Inc.'s trust banking arm is seeking acquisitions abroad and has ¥1 trillion to spend as it seeks to become one of the 15 biggest asset managers worldwide.
Japan Times
BUSINESS / Companies
Jul 13, 2017
MUFG plans to take on Wall Street banking rivals in lending push
Mitsubishi UFJ Financial Group Inc. is expanding its U.S. investment banking unit to look more like its bigger Wall Street rivals.
Japan Times
BUSINESS
Jun 30, 2017
Japan's mega-banks vie for top role as backers of clean energy
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are in a neck-and-neck race to be the biggest lead arrangers of lending to the renewable energy industry in the first half of the year, highlighting the more active financing role for Japanese banks in clean energy.
Japan Times
BUSINESS / Companies
Jun 16, 2017
MUFG's drastic staff restructure set to cut 10,000 positions in 10 years
Japan's biggest bank is set to undergo the most dramatic reduction in head count since it was formed after the nation's banking crisis shook the industry almost 20 years ago.
Japan Times
BUSINESS / Companies
Jun 6, 2017
MUFG teams up with Plug and Play for new Tokyo venture
The nation's biggest bank is teaming up with Plug and Play Tech Center as the Silicon Valley-based startup accelerator opens a Tokyo office to link local and global ventures with major corporations.
Japan Times
BUSINESS / Companies
May 25, 2017
Bank of Tokyo-Mitsubishi UFJ names deputy president as new chief
The Bank of Tokyo-Mitsubishi UFJ said Deputy President Kanetsugu Mike will be promoted to president on June 14, replacing Takashi Oyamada who assumed the position just over a year ago.
BUSINESS
May 16, 2017
2016 profits off for four big Japan banks amid low rates and Toshiba woes
Four of Japan's five major banking groups posted lower profits for the year through March 31, due largely to the worsening business performance of major borrower Toshiba Corp. and extremely low interest rates, according to earnings reports.
BUSINESS
Jan 3, 2017
MUFG to launch virtual currency service
Mitsubishi UFJ Financial Group Inc. will issue its own virtual currency by March 2018 to provide a money transfer service at lower fees, becoming the first major Japanese banking group to launch such a business, according to sources.

Longform

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