Tag - mufg

 
 

MUFG

BUSINESS / Companies
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.
Japan Times
BUSINESS
Sep 16, 2016
Japan's biggest bank urges BOJ to weigh side effects of negative-rate policy
Mitsubishi UFJ Financial Group Inc.'s main lending unit has urged the Bank of Japan to consider the side effects of negative interest rates at next week's meeting, saying the policy will continue to squeeze lending income.
BUSINESS / Companies
Aug 31, 2016
Google 'plans tie-up' with MUFG on Android Pay platform
Alphabet Inc. will tie up with Mitsubishi UFJ Financial Group Inc. on its Android Pay platform, a person with knowledge of the matter said, the latest move by a technology giant to tap Japan's rapidly growing digital payments market.
Japan Times
BUSINESS / Companies
Aug 2, 2016
Clouds lifting for Japan's banks as negative rates stay put
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings.
BUSINESS / Companies
Jul 26, 2016
Japan's biggest bank to launch ATMs that use smartphone validation
The high level of security now available on smartphones has led Bank of Tokyo-Mitsubishi UFJ to plan ATMs that use validation by phone rather than card and PIN, sources said Tuesday.
BUSINESS
Jun 10, 2016
BTMU testing virtual currency, considering launch for customer use
Bank of Tokyo-Mitsubishi UFJ is close to becoming the first major Japanese bank to launch a virtual currency, sources say.
Japan Times
BUSINESS
Jun 9, 2016
Japanese banks enter ranks of world's biggest energy lenders
Japanese banks, known for the risk-aversion that spared them the worst of the credit crisis, have quietly grown into some of the world's largest energy lenders.
BUSINESS / Companies
Jun 8, 2016
Japan's biggest bank may cease underwriting JGB auctions as negative rates bite
The main lending unit of MUFG says it may quit as one of the 22 primary dealers that underwrite government bond auctions.
BUSINESS / Companies
May 17, 2016
Mitsubishi UFJ projects 11% lower profit amid negative rates
Mitsubishi UFJ Financial Group Inc. sees full-year profits falling 11 percent as negative interest rates squeeze loan profitability and the costs of bad loans increase.
BUSINESS / Companies
May 13, 2016
MUFG, Hitachi agree on financial tie up, eye leasing merger
Mitsubishi UFJ Financial Group Inc. and Hitachi Ltd. said Friday they will form a capital and business alliance in financial services, with an eye to integrating their leasing companies in the future.
BUSINESS / Markets
Apr 14, 2016
Japan's biggest bank criticizes BOJ policy for fueling anxiety
The top executive of Japan's biggest bank delivered a rare criticism of the central bank on Thursday, saying its negative-interest-rate policy has contributed to anxiety among households and companies and prolonging it may weaken financial institutions.
Japan Times
BUSINESS / Companies
Apr 6, 2016
MUFG's trust bank to boost assets administered overseas by 30%
Mitsubishi UFJ Financial Group Inc.'s trust banking arm plans to increase the assets it administers overseas for institutional investors by about 30 percent to $400 billion over the next two years to boost fee income, the unit's new president said.
BUSINESS / Companies
Apr 4, 2016
Bank of Tokyo-Mitsubishi eyes U.S. regional banks, new CEO says
Mitsubishi UFJ Financial Group Inc.'s main lending unit is eyeing further acquisitions in the U.S. and Asia as part of its long-standing aspirations to become one of the world's leading commercial banks, the unit's new president said.
BUSINESS / Companies
Mar 28, 2016
Tokyo Mitsubishi UFJ to set new credit line for Sharp, sources say
The Bank of Tokyo-Mitsubishi UFJ (BTMU) decided Monday to set a new credit line for Sharp Corp., sources familiar with the matter said, as the struggling electronics maker seeks to sign a takeover deal with Taiwan's Hon Hai Precision Industry Co.
Japan Times
BUSINESS
Mar 3, 2016
Margin-starved Japanese banks following carmakers to Mexico
In a quest to reduce their reliance on one of the world's least profitable banking markets, Japanese lenders are setting their sights on a much more lucrative one: Mexico.
BUSINESS
Feb 25, 2016
Mizuho union follows rivals in seeking no pay hike
The labor union of Mizuho Financial Group Inc. decided Wednesday not to request a pay-scale hike at this year's wage talks, given that the banking group has taken a battering from the central bank's negative interest policy, sources said.
BUSINESS / Companies
Jan 14, 2016
Bank of Tokyo-Mitsubishi UFJ to take stake in Philippines' Security Bank
The Bank of Tokyo-Mitsubishi UFJ will invest around ¥100 billion in the Philippines' Security Bank, in its latest move to capitalize on growth in that nation's market, sources close to the matter said Thursday.
BUSINESS / Companies
Jan 6, 2016
Mitsubishi UFJ plans division to pursue fintech endeavors
Mitsubishi UFJ Financial Group Inc. has set up a unit to research and develop new financial technologies, the first of its kind for a major Japanese bank, people with knowledge of the matter said.
BUSINESS / Companies
Nov 20, 2015
Convenience store giant Lawson eyes entering banking business
Lawson Inc. sets up a new lender with Bank of Tokyo-Mitsubishi UFJ as the convenience store chain prepares to make a foray into banking.
Japan Times
BUSINESS / Companies
Oct 26, 2015
Japan's largest bank said to enter fray for Bank Panin stake
Mitsubishi UFJ Financial Group Inc. has entered the running for a 39 percent stake in PT Bank Pan Indonesia, people with knowledge of the matter said, potentially setting up a battle between two of Japan's largest banks.

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