Latest News of MUFG
Japan's MUFG lifts profit forecasts after Q2 net income nearly doubles
Mitsubishi UFJ Financial Group, Japan's top lender, raised its annual net profit forecast to a record 1.75 trillion yen after a surge in second-quarter profit. Net profit for July-September was 702 bi...
Mitsubishi UFJ Financial Group, Inc. (MUFG): Hedge Funds Are Bullish On This Japanese Stock Now
Discover the top 10 Japanese stocks to buy now, including insights on Mitsubishi UFJ Financial Group, Inc. (MUFG). Japan's economic landscape is showing signs of recovery, with wage growth, export boo...
MUFG to Consider 'Full Scale' Japan Bond Buying If Yields Hit 1.2%
Mitsubishi UFJ Financial Group plans to shift $488 billion into Japanese government bonds when yields hit 1.2%, anticipating further rate hikes. MUFG eyes policy normalization by Bank of Japan and aim...
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Billionaire Ayala Family, Japan's MUFG To Inject $800 Million Into Philippine E-Wallet Unicorn
By Forbes | 3 months agoAyala Corp. and Mitsubishi UFJ Financial Group are investing $800 million in Globe Telecom's fintech unit Mynt, valuing it at $5 billion. Mynt, operator of GCash e-wallet, saw a surge in profits in 20...
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MUFG Pays $393 Million for Stake in Philippine Fintech GCash
By Yahoo! Finance | 3 months agoJapan's Mitsubishi UFJ Financial Group is acquiring an 8% stake in the Philippine fintech app GCash for $393 million, valuing it at $5 billion. MUFG aims to tap into Asia-Pacific's growth. Globe Telec...
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Toyota Is Said to Plan Strategic Share Buyback From MUFG, SMFG
By Yahoo! Finance | 4 months agoToyota Motor Corp. plans to repurchase its shares from major Japanese banks and insurers as part of a ¥1 trillion buyback program to unwind strategic partnerships. This move follows the Japanese gove...
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Japan's MUFG cuts CEO, five other executives' pay after firewall breaches
By Yahoo! Finance | 4 months agoMitsubishi UFJ Financial Group will reduce pay for six executives due to breaching "firewall" regulations at its banking and securities arms. The Financial Services Agency ordered business improvement...
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Pimco Hires Kawai From Morgan Stanley MUFG for Japan Macro
By Yahoo! Finance | 4 months agoPacific Investment Management Co. has appointed Ryota Kawai from Morgan Stanley MUFG Securities Co. as a portfolio manager in Japan's macro trading market. Kawai brings over 20 years of experience in ...
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MUFG Bank Employee Probed for Suspected Inside Information Leak
By Yahoo! Finance | 4 months agoAn employee at MUFG Bank is suspected of leaking confidential information to family members, leading to potential stock trading gains. The bank is under investigation by Japan's Securities and Exchang...
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Mitsubishi UFJ Financial Group, Inc. (MUFG) Stock Price, News, Quote & History
By Yahoo! Finance | 4 months agoMitsubishi UFJ Financial Group, Inc. is a bank holding company for MUFG Bank, Ltd., offering various financial services globally. It operates through multiple business segments, providing commercial b...
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Mitsubishi UFJ (MUFG) Talks for HDBF Stake Hit a Road Block
By Yahoo! Finance | 4 months agoMitsubishi UFJ Financial Group faces challenges in finalizing a deal with HDFC Bank for a stake in HDB Financial Services....
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MUFG's Talks for Stake in India Consumer Lender Said to Hit Snag
By Yahoo! Finance | 4 months agoMitsubishi UFJ Financial Group Inc.'s talks for a minority stake in HDFC Bank Ltd.'s consumer lending unit are at a standstill over control in strategy. MUFG may consider an IPO for HDB Financial Serv...
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Mitsubishi UFJ (MUFG) to Expand in APAC Region With New Investment
By Yahoo! Finance | 4 months agoMitsubishi UFJ Financial Group invested $195 million in Ascend Money, a Thailand-based fintech company offering advanced payment services in Southeast Asia. This supports MUFG's strategy to grow in th...
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MUFG Invests $195 Million In CP Group-Backed Thai Unicorn Ascend Money
By Forbes | 4 months agoAscend Money, a Thai fintech unicorn backed by Dhanin Chearavanont's CP Group, secured $195 million in funding led by Mitsubishi UFJ Financial Group. MUFG's investments in digital finance players in A...
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Japan orders compliance improvements at MUFG bank and securities tie-ups with Morgan Stanley
By Yahoo! Finance | 4 months agoJapan's banking regulator penalized Mitsubishi UFJ Financial Group for breaches of "firewall" regulations. The group was ordered to improve compliance measures after sharing client information and off...