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July 16, 2024
 

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MUFG

Japan Times
BUSINESS / Companies
Oct 29, 2017
Japan's biggest bank plans to slash branches 20 percent and trim payroll
The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, is considering shrinking its domestic branch network by up to 20 percent to boost profitability.
Japan Times
BUSINESS / Companies
Sep 25, 2017
MUFG plans to make inroads into Canadian market with capital markets platform
Mitsubishi UFJ Financial Group Inc. is looking to build a capital-markets platform in Canada, with plans to hire as many as 10 people in Toronto to manage bond deals and stock sales by early next year.
Japan Times
BUSINESS / Companies
Sep 13, 2017
MUFG set to pick Amsterdam as post-Brexit hub for EU investment banking
Mitsubishi UFJ Financial Group Inc. has chosen Amsterdam as a base for its investment-banking business in the European Union after the U.K. leaves the bloc.
Japan Times
BUSINESS / Companies
Aug 14, 2017
MUFG plans to hire in Saudi Arabia to tap privatizations valued at $350 billion
Mitsubishi UFJ Financial Group Inc. is looking to hire in Saudi Arabia as the lender seeks to benefit from privatizations valued at more than $350 billion over the next five years.
Japan Times
BUSINESS / Companies
Aug 12, 2017
In bid to go global, MUFG woos overseas talent
Andrew Mitola had never heard of Mitsubishi UFJ Financial Group Inc. until he met recruiters for the bank during his junior year of college.
Japan Times
BUSINESS / Companies
Aug 1, 2017
MUFG arms itself with ¥1 trillion war chest for acquisitions
Mitsubishi UFJ Financial Group Inc.'s trust banking arm is seeking acquisitions abroad and has ¥1 trillion to spend as it seeks to become one of the 15 biggest asset managers worldwide.
Japan Times
BUSINESS / Companies
Jul 13, 2017
MUFG plans to take on Wall Street banking rivals in lending push
Mitsubishi UFJ Financial Group Inc. is expanding its U.S. investment banking unit to look more like its bigger Wall Street rivals.
Japan Times
BUSINESS
Jun 30, 2017
Japan's mega-banks vie for top role as backers of clean energy
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are in a neck-and-neck race to be the biggest lead arrangers of lending to the renewable energy industry in the first half of the year, highlighting the more active financing role for Japanese banks in clean energy.
Japan Times
BUSINESS / Companies
Jun 16, 2017
MUFG's drastic staff restructure set to cut 10,000 positions in 10 years
Japan's biggest bank is set to undergo the most dramatic reduction in head count since it was formed after the nation's banking crisis shook the industry almost 20 years ago.
Japan Times
BUSINESS / Companies
Jun 6, 2017
MUFG teams up with Plug and Play for new Tokyo venture
The nation's biggest bank is teaming up with Plug and Play Tech Center as the Silicon Valley-based startup accelerator opens a Tokyo office to link local and global ventures with major corporations.
Japan Times
BUSINESS / Companies
May 25, 2017
Bank of Tokyo-Mitsubishi UFJ names deputy president as new chief
The Bank of Tokyo-Mitsubishi UFJ said Deputy President Kanetsugu Mike will be promoted to president on June 14, replacing Takashi Oyamada who assumed the position just over a year ago.
BUSINESS
May 16, 2017
2016 profits off for four big Japan banks amid low rates and Toshiba woes
Four of Japan's five major banking groups posted lower profits for the year through March 31, due largely to the worsening business performance of major borrower Toshiba Corp. and extremely low interest rates, according to earnings reports.
BUSINESS
Jan 3, 2017
MUFG to launch virtual currency service
Mitsubishi UFJ Financial Group Inc. will issue its own virtual currency by March 2018 to provide a money transfer service at lower fees, becoming the first major Japanese banking group to launch such a business, according to sources.
BUSINESS / Companies
Oct 6, 2016
BTMU to cooperate with foreign banks over money laundering
Bank of Tokyo-Mitsubishi UFJ, Japan's biggest lender, will join foreign peers in using advanced technology to spot illegal activity, sources close to the matter said.
Japan Times
BUSINESS
Sep 16, 2016
Japan's biggest bank urges BOJ to weigh side effects of negative-rate policy
Mitsubishi UFJ Financial Group Inc.'s main lending unit has urged the Bank of Japan to consider the side effects of negative interest rates at next week's meeting, saying the policy will continue to squeeze lending income.
BUSINESS / Companies
Aug 31, 2016
Google 'plans tie-up' with MUFG on Android Pay platform
Alphabet Inc. will tie up with Mitsubishi UFJ Financial Group Inc. on its Android Pay platform, a person with knowledge of the matter said, the latest move by a technology giant to tap Japan's rapidly growing digital payments market.
Japan Times
BUSINESS / Companies
Aug 2, 2016
Clouds lifting for Japan's banks as negative rates stay put
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings.
BUSINESS / Companies
Jul 26, 2016
Japan's biggest bank to launch ATMs that use smartphone validation
The high level of security now available on smartphones has led Bank of Tokyo-Mitsubishi UFJ to plan ATMs that use validation by phone rather than card and PIN, sources said Tuesday.
BUSINESS
Jun 10, 2016
BTMU testing virtual currency, considering launch for customer use
Bank of Tokyo-Mitsubishi UFJ is close to becoming the first major Japanese bank to launch a virtual currency, sources say.
Japan Times
BUSINESS
Jun 9, 2016
Japanese banks enter ranks of world's biggest energy lenders
Japanese banks, known for the risk-aversion that spared them the worst of the credit crisis, have quietly grown into some of the world's largest energy lenders.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
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