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 Bank sets up structured trade solutions subsidiary in Singapore
MUFG Bank sets up structured trade solutions subsidiary in Singapore
It is wholly owned by the Japanese megabank’s consolidated subsidiary.
MUFG invests $4.3b in India’s Shriram Finance
MUFG is subscribing to a preferential allotment of 20% equity shares in the NBFC.
MUFG plans role-based AI for the workplace
Humans will remain in control.
Japanese megabanks see profit rise, but capital remains a weakness
Overseas expansion is another risk, as it could raise credit costs, warned Fitch.
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
MUFG sets up equity fund to invest in middle, late-stage startups in Japan
Japanese startups struggle to achieve sufficient growth due to lack of support.
MUFG Bank invests in LayerX
The two first entered into a business alliance in 2024.
Higher interest rates, fees lifts MUFG’s profitability
Earnings contribution from subsidiary banks will also support its profitability.
MUFG’s profits down 1.8% to $3.71b in Q1 FY2025
Ordinary income declined 7.7% from a year earlier.
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.
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