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 invests in the Japan Hydrogen Fund
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.
MUFG invests $338.5m in India’s DMI Finance
DMI Finance has provided loans to 15.2 million customers in India as of March 2024.
MUFG to support info and comm infrastructure projects in Uzbekistan
MUFG will work with authorities to increase capacity for organising internet channels, amongst others.
MUFG, subsidiaries submits business improvement plans to authorities
MUFG also apologised to its customers and stakeholders.
MUFG Bank China names new deputy president
Benjamin Lam brings over 30 years of experience in his new role.
MUFG Bank invests in sustainable aviation fuel company
LanzaJet is reportedly planning to build SAF manufacturing plants in Japan.
Thai fintech unicorn Ascend Money bags $195m investment
MUFG Bank is the lead investor.
Basel III to improve Japanese major financial groups’ profits
However, risk-weighted assets for the four FIs are expected to rise.
MUFG issues apology after authorities recommend administrative action
Its two companies were accused of inappropriately sharing data between them.
Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK
The two will make business models enabling operators to clinch EV funding.
Japanese banks back fund to develop space industry
SMBC, MUFG, and Mizuho Bank are all named limited partners.
MUFG Bank joins think tank for CO2 and storage capture tech
CCS is expected to play a role in reducing CO2 emissions in the world.
MUFG Bank appoints head of institution investors coverage for Asia
Weehuizen has over 18 years of banking experience in APAC and Europe.
Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal
It is exiting the retail banking business to refocus on corporate transactions.
Japan’s new PM a positive for banks’ earnings outlook: Jefferies
Banks’ credit costs are expected to undershoot their guidance.
MUFG Bank appoints new head of project finance for Asia
David Uy first joined MUFG in 2018.
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