Tag - mufg

 
 

MUFG

Japan Times
BUSINESS / Companies
Sep 25, 2019
MUFG to cut brokerage staff in Hong Kong, Singapore and Sydney
Mitsubishi UFJ Financial Group Inc. is planning to cut about half of its 150-strong workforce at its securities business in Hong Kong, Singapore and Sydney, people with knowledge of the matter said.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
Japan Times
BUSINESS
Aug 16, 2019
Japanese firms in Hong Kong concerned protests may escalate as ministry issues warning
The Foreign Ministry's Level 1 travel warning is its weakest, but Japanese financial institutions operating in the international financial hub are growing wary of conducting business there.
Japan Times
BUSINESS / Companies
Jun 27, 2019
MUFG on track to be Japan's first yuan clearing bank after expected Abe-Xi deal at Osaka G20
MUFG Bank is expected to become the first Japanese bank to be designated as a yuan clearing bank, sources said Wednesday.
BUSINESS / Companies
May 31, 2019
MUFG, Japan's biggest bank, offers redundancy to hundreds of managers in London
Mitsubishi UFJ Financial Group Inc. is preparing major job cuts in London, another sign of the deepening troubles Japanese banks face at their overseas operations.
Japan Times
BUSINESS / Companies
May 23, 2019
Sumitomo Mitsui Financial increases planned cuts, to the equivalent of 5,000 employees' workload
Sumitomo Mitsui Financial Group Inc. will increase planned cuts to its head count that will now reduce work done by the equivalent of nearly 5,000 employees over the three years to March 2020, it was learned Wednesday.
Japan Times
BUSINESS / Companies
May 21, 2019
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed.
Japan Times
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
JAPAN / Society
May 10, 2019
Happy hour is over: MUFJ bank executive takes aim at Japan's 'nominication' drinking culture
It's time to stop drinking with the boss after work.
Japan Times
BUSINESS / Companies
Mar 1, 2019
Japan's MUFG agrees to buy German lender DZ Bank's aviation finance arm for ¥710 billion
The unit acquired from Germany's second-largest bank will be one of the Mitsubishi UFJ Financial Group's biggest acquisitions since it was created in 2005.
Japan Times
BUSINESS / Companies
Oct 31, 2018
Japan's Mitsubishi UFJ buys up Commonwealth Bank of Australia's asset arm for $2.9 billion
The upheaval in Australia's scandal-tainted banking industry has handed Japan's largest banking group a long-awaited opportunity to get a bigger foothold in the global asset management industry.
Japan Times
BUSINESS
Oct 22, 2018
Mitsubishi Bank CEO Kanetsugu Mike pulls out of Saudi business forum
The chief executive of Japan's biggest bank has pulled out of Saudi Arabia's financial conference, dubbed "Davos in the Desert," joining a growing list of withdrawals following the killing of a government critic at the kingdom's consulate in Turkey.
BUSINESS
Sep 20, 2018
Japan's Financial Services Agency to check financial institutions' readiness for any emerging market swings
The Financial Services Agency plans to check if Japan's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter said Wednesday.
Japan Times
BUSINESS / Companies
Jul 10, 2018
Japan mega-bank MUFG considers job cuts in overseas brokerage business
Mitsubishi UFJ Financial Group Inc. is considering job cuts at its securities operations overseas to keep them profitable.
Japan Times
BUSINESS / Companies / ANALYSIS
May 22, 2018
Japan's earnings reports mostly disappoint, but analysts see hope ahead
With Japan's quarterly reporting period almost over, one analyst summed up the general feeling about companies' profit performance.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
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