MUFG
MUFG, SMFG among Japanese firms piling into India for growth
The total volume of deals targeting Indian companies has climbed 15% this year to almost US$90 billion
MUFG’s next CEO Hanzawa seeks growth to close gap with global rivals
Widely seen as a safe choice, whether he can further elevate the group with 400 trillion yen in assets will be closely watched
MUFG said to near deal for stake in India’s Shriram
MUFG may invest more than US$3.2 billion to buy a stake of around 20%
Connecting clients, portfolio companies is next for Japan’s MUFG in Asia-Pacific
Leveraging stakes in banks in Indonesia, Thailand, Vietnam and the Philippines enables MUFG to extend more support to its customers
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions
MUFG is hiring more bankers in Japan wealth management push
Backing the shift to this strategy is the government’s multi-year drive to get households to invest more
MUFG to launch 100 billion yen Japan real estate fund
The new fund is the latest in a run of Japanese property fund launches this year, as real estate prices climb and the central bank looks to hike interest rates further from still ultra-low levels
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
The banks collectively manage about US$1.3 trillion through their asset management arms, largely for local clients
Japan’s MUFG targets US for securitisation business, plans to boost headcount
Investment in data centres, driven by demand for generative artificial intelligence, is increasing around the world
MUFG to quit climate group as Japanese banks join Wall Street exits
The latest exits have emerged after a wave of NZBA defections by the largest banks in the US and Canada