MUFG Bank
MUFG Bank, Ltd. is the largest bank in Japan. It was established on 1 January 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd.
MUFG is one of the three so-called Japanese "megabanks".
MUFG’s profits down 1.8% to $3.71b in Q1 FY2025
MUFG’s profits down 1.8% to $3.71b in Q1 FY2025
Ordinary income declined 7.7% from a year earlier.
4 days ago
MUFG and JICA establish sustainable finance framework
It will be applied by MUFG and four partner banks in Southeast Asia.
MUFG’s APAC transaction banking team names three new MDs
Two head the transaction banking teams in India and Indonesia, respectively.
MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025
They are looking into AI as a means to adopt more sustainable and digital practices.
MUFG invests in May Mobility for autonomous vehicle deployment
MUFG will help the company scale its fleet to thousands of vehicles, it said.
MUFG invests in sustainability reporting and AI automation
Its banking subsidiary partnered with AI R&D company Sakana AI.
MUFG’s Indonesian loan subsidiaries announce merger
MFIN will be dissolved, and ADMF will be the surviving entity.
MUFG Bank to invest in life sciences investment fund
The fund aims to establish startups as well as develop and launch new drugs.
MUFG Bank reprimanded for securities-related lapses
MUMSS also received a strict warning from the Japan’s Association of Real Estate Securitization.
MUFG secures 46.08 million shares of WealthNavi, will proceed with purchase
It closed the tender offer on 20 January 2025.
MUFG Bank reorganizes overseas securities subsidiaries
Three securities firms will now become direct subsidiaries of the bank.
Japanese banks see loans and deposits rise in November
Foreign banks saw their total yen-denominated loans jump 25.2% YoY.
MUFG Bank to acquire robo-advisor WealthNavi for $662m
The bank is offering 1,950 yen per share.
MUFG Bank sells 25% stake in Home Credit PH for JPY26.5b
Security Bank, which is 20% MUFG-owned, is buying the HCPH stake.
MUFG employee steals up to $12.9m from safe deposit boxes
At least 60 safe deposit box lessors are affected, the bank said in a statement.
MUFG Bank invests in the Japan Hydrogen Fund
The fund aims to accelerate the use of hydrogen and scale its supply chain.
MUFG boosts energy market presence with trading approvals, stake buy
It has clinched approvals from TOCOM and the Japan Securities Clearing Corporation.
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