Mitsubishi UFJ Finance Group
Japanese megabanks weigh Middle East evacuations, JPMorgan limits travel
The war threatens years of effort by Middle Eastern governments to court global financial firms as part of plans to diversify their economies away from oil
Japan’s megabanks forecast more record profits despite tariff uncertainty
The banks expect Japanese companies to keep investing and each has extensive overseas operations across different financial services
Asian banks see big boost to wealth business as currencies rally
[HONG KONG, SINGAPORE] A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand for hedging grows ...
Japanese insurers, banks to sell Honda shares worth US$3.3 billion, filing shows
The move is to unwind cross-shareholdings which can lead to lax governance by protecting management from shareholders
MUFG is penalised by Japan’s financial regulator, Kyodo says
JAPAN’S financial regulator penalised Mitsubishi UFJ Financial Group’s (MUFG) flagship banking unit and two joint ventures for violating client confidentiality rules, Kyodo News reported.
Mitsubishi, Sumitomo Mitsui banks to divest 1.32 trillion yen in Toyota shareholdings
MITSUBISHI UFJ Financial Group and Sumitomo Mitsui Financial Group will start divesting 1.32 trillion yen (S$11.4 billion) worth of strategic shareholdings in Toyota Motor, sources with knowledge of t...
Climate investors target Japan’s top banks, this time on board oversight: sources
A COALITION of climate groups filed shareholder proposals with Japan’s top three banks, including Mitsubishi UFJ Financial Group, calling for stricter board oversight of climate-related risks, sources...
Japan's top bank Mitsubishi UFJ says Q3 profit triples
Mitsubishi UFJ Financial Group, Japan’s largest lender by assets, on Monday (Feb 5) reported its third-quarter net profit tripled.
Japan's 3 megabanks to loan Nippon Steel US$16 billion for US Steel acquisition
Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group and Mizuho Financial Group will lend Nippon Steel a combined US$16 billion for its planned acquisition of US Steel, Bloomberg reported ...
Mitsubishi UFJ unit to buy Australia’s Link Administration for A$1.2 billion
AUSTRALIA’S Link Administration said on Monday (Dec 18) that a unit of Mitsubishi UFJ Financial Group (MUFG) has agreed to buy the company for an equity value of A$1.2 billion (S$1.07 billion).