Tag - mufg

 
 

MUFG

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.
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 / 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.
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 / 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.
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.
BUSINESS / Companies
Sep 14, 2015
Mitsubishi UFJ pivots back toward Japan as Krugman laments economy
Mitsubishi UFJ Financial Group Inc., the lender that has made about $13 billion in acquisitions overseas since its founding a decade ago, is making a pivot toward its home market.
BUSINESS / Companies
Aug 11, 2015
Mitsubishi UFJ to boost Taiwan staff as cross-strait trade grows
Mitsubishi UFJ Financial Group Inc. is seeking to expand its workforce in Taiwan as it pursues business from companies benefiting from increasing trade between the island and mainland China.
BUSINESS
Jul 27, 2015
Japan banks likely to report gains in fees, overseas lending: analysts
Mitsubishi UFJ Financial Group Inc. probably led a slight increase in first-quarter profit at Japan's biggest banks as gains in fee income and overseas lending made up for shrinking loan profitability at home.
BUSINESS / Companies
May 27, 2015
MUFG record profit masks vanishing loan earnings in Japan
Record profits at Mitsubishi UFJ Financial Group Inc. and at least 26 of the nation's banks mask vanishing returns on lending in Japan that's spurring them to venture overseas.
BUSINESS / Companies
Apr 21, 2015
GE said to be in talks with Blackstone, Mitsubishi on sale of assets
General Electric Co. is discussing the sale of parts of its finance business, including the $74 billion U.S. commercial-lending unit, with potential buyers including Blackstone Group LP, Mitsubishi UFJ Financial Group Inc. and Wells Fargo & Co., said people with knowledge of the matter.
Japan Times
BUSINESS
Feb 2, 2015
Robots to help out at Mitsubishi UFJ branches
Meet the latest employee of the nation's biggest bank: a multilingual robot called NAO.
BUSINESS / Companies
Jan 22, 2015
Mitsubishi UFJ said to have held talks to acquire DZ Bank's DVB
Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, held talks with DVB Bank SE about a possible takeover of the German shipping and aviation lender, sources said.
COMMUNITY / How-tos / LIFELINES
Nov 2, 2014
Closing a bank account from outside Japan; a new way to pay NHK
Advice on closing a bank account from abroad, and how you could lump your NHK fees together with cable TV payments.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji