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Mitsubishi UFJ Financial Group Inc (MTU.N)

MTU.N on New York Stock Exchange

6.24USD
26 May 2017
Change (% chg)

$-0.03 (-0.48%)
Prev Close
$6.27
Open
$6.25
Day's High
$6.25
Day's Low
$6.21
Volume
166,453
Avg. Vol
368,059
52-wk High
$7.01
52-wk Low
$4.16

Latest Key Developments (Source: Significant Developments)

Mitsubishi UFJ Financial Group to fully acquire Mitsubishi UFJ NICOS Co Ltd
Monday, 15 May 2017 04:10am EDT 

May 15 (Reuters) - Mitsubishi UFJ Financial Group Inc <8306.T>: :* Says it will fully acquire Mitsubishi UFJ NICOS Co Ltd, through stock swap .* Effective date Oct. 1.  Full Article

Mitsubishi UFJ to buy back up to 1.49 pct of own shares worth 100 bln yen
Monday, 15 May 2017 03:32am EDT 

May 15 (Reuters) - Mitsubishi UFJ Financial Group Inc <8306.T> says::to buy back up to 1.49 percent of own shares worth 100 billion yen.  Full Article

Mitsubishi UFJ financial Group plans to turn credit card unit into a wholly owned subsidiary - Nikkei
Wednesday, 10 May 2017 01:45pm EDT 

May 10 (Reuters) - Nikkei::Mitsubishi UFJ financial Group plans to turn a credit card unit into a wholly owned subsidiary - Nikkei.Mitsubishi UFJ Financial holds 85 percent stake in Mitsubishi UFJ Nicos, expected to pay tens of billions of yen for other 15 percent owned by Norinchukin Bank - Nikkei.Mitsubishi UFJ Financial Group will maintain its partnership with Norinchukin Bank after turning Nicos into a wholly owned unit - Nikkei.Mitsubishi UFJ Financial Group is considering issuing its own virtual currency MUFG coins - Nikkei.Mitsubishi UFJ Nicos plans to spend roughly 150 billion yen to integrate systems behind its DC, MUFG and NICOS card brands by fiscal 2021 - Nikkei.  Full Article

MUFG lowers stake in Toshiba to 3.54 pct from 5.14 pct
Monday, 3 Apr 2017 02:31am EDT 

Mitsubishi UFJ Financial Group Inc <8306.T>: MUFG lowers stake in Toshiba to 3.54 percent from 5.14 percent: regulatory filing Further company coverage: [8306.T][6502.T] (Reporting By Chris Gallagher) ((chris.gallagher@thomsonreuters.com;)).  Full Article

Mitsubishi UFJ Financial Group updates on simplified absorption-type company split
Friday, 24 Mar 2017 12:53am EDT 

Mitsubishi UFJ Financial Group Inc <8306.T> :Says with the absorption-type company split, of which plan was disclosed on Jan. 24, co's wholly-owned subsidiary Mitsubishi UFJ Trust and Banking Corporation will issue its new 9,474,925 ordinary shares to co.  Full Article

BRIEF-Greens announces IPO on TSE and NSE 2nd section on March 23
Sunday, 12 Mar 2017 11:47pm EDT 

Corrects to "Mitsubishi UFJ Morgan Stanley Securities Co Ltd" from "Mitsubishi UFJ Securities Holdings Co Ltd" in 4th bullet.Greens Co Ltd <6547.T>: Says its stock will begin trading on the Tokyo Stock Exchange (TSE) second section and Nagoya Stock Exchange (NSE)second section on March 23, 2017, under the symbol "6547" . In its initial public offering, the company will offer a total of 4,400,000 common shares, comprised of newly issued 2,000,000 shares and privately held 2,400,000 shares . Says the nominal offering price as of filing date of Registration Statement is 1,350 yen per share with total offering amount will be 5.94 billion yen, and the fixed offering price will be announced at later date .Nomura Securities Co Ltd, Daiwa Securities Co Ltd and Mitsubishi UFJ Morgan Stanley Securities Co Ltd., seven securities companies will be the underwriters for this offer.  Full Article

R&I affirms Mitsubishi UFJ Financial Group Inc's rating at "A+" and announces stable outlook -R&I
Friday, 4 Nov 2016 01:59am EDT 

Mitsubishi UFJ Financial Group Inc <8306.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I .Rating outlook stable -R&I.  Full Article

Mitsubishi UFJ Trust to buy U.S. mutual fund custodian - Nikkei
Thursday, 28 Jul 2016 01:13pm EDT 

: Mitsubishi UFJ Trust and Banking will acquire Rydex Fund Services for about 20 billion yen ($190 million) as early as this year - Nikkei .Mitsubishi UFJ Trust is expected to ink a share purchase agreement soon with Guggenheim Partners, a asset management co that owns Rydex - Nikkei.  Full Article

Mizuho Financial Group, Mitsubishi UFJ Financial reshuffling operations in Europe - Nikkei
Friday, 22 Jul 2016 04:37pm EDT 

: Mizuho Financial Group and Mitsubishi UFJ Financial Group are reshuffling operations in Europe - Nikkei . Mizuho Financial Group, Mitsubishi UFJ Financial Group are reshuffling to hedge against possible fallout involving Britain's vote to leave EU - Nikkei . Mizuho will augment functions at its Dutch arm and give unit new moniker that reflects wider European perspective, possibly by end of 2016 - Nikkei . Mitsubishi UFJ Financial Group plans to reorganize more eurozone locations under MUFG Bank (Europe) - Nikkei Source - http://s.nikkei.com/29Zj4JB (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Mitsubishi UFJ designates MUFG Americas Holdings Corp as intermediate holding company
Friday, 1 Jul 2016 08:30am EDT 

Mitsubishi UFJ Financial Group Inc <8306.T> : Designating U.S. bank holding company, MUFG Americas Holdings Corporation as intermediate holding company . Reorganization also allows all material U.S. subsidiaries of MUFG to be clearly aligned as one team . MUFG has announced establishment of U.S. risk committee under MUFG board risk committee . MUFG board risk committee will oversee all types of risk at combined U.S. operations level . Mitsubishi UFJ Financial says in line with EPS rules, all remaining U.S. subsidiaries of MUFG will be transferred under MUFG Americas Holdings by July 2017 .Designating mufg americas holdings corp as IHC as per requirements of U.S. Fed's rules for enhanced prudential standards.  Full Article

More From Around the Web

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Head of core MUFG unit to resign for health reasons

TOKYO Mitsubishi UFJ Financial Group Inc said Takashi Oyamada, chief executive of its core banking unit, would step down for health reasons, disrupting a well-planned succession plan at Japan's largest lender by assets.