Edition:
United States

Mitsubishi UFJ Financial Group Inc (MTU.N)

MTU.N on New York Stock Exchange

6.42USD
4:03pm EDT
Change (% chg)

$-0.16 (-2.43%)
Prev Close
$6.58
Open
$6.42
Day's High
$6.43
Day's Low
$6.40
Volume
140,689
Avg. Vol
353,486
52-wk High
$7.01
52-wk Low
$4.16

Latest Key Developments (Source: Significant Developments)

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

Mitsubishi UFJ Nicos expected to return to the black this fiscal year - Nikkei
Thursday, 19 May 2016 01:29pm EDT 

Nikkei: Mitsubishi UFJ Nicos is expected to report a net loss of about 40 billion yen ($364 million) for the year ended March - Nikkei . Mitsubishi UFJ Nicos projects 20 billion yen in annual cost savings from integrating systems for different credit cards - Nikkei .Mitsubishi UFJ Nicos is expected to return to the black this fiscal year as refund provisions ease - Nikkei.  Full Article

BTMU received approval from Chinese regulators to connect to international yuan payment system - Nikkei
Tuesday, 17 May 2016 01:47pm EDT 

Nikkei: Bank of Tokyo-Mitsubishi UFJ received approval from Chinese regulators to connect to an international yuan payment system - Nikkei .By connecting to international yuan payment system, BTMU in June will begin offering services to Japanese regional banks - Nikkei.  Full Article

MUFG to buy back up to $920 mln of own shares
Monday, 16 May 2016 03:32am EDT 

Mitsubishi UFJ Financial Group Inc <8306.T>: Says to buy back up to 1.67 percent of own shares worth 100 billion yen ($920 million) Further company coverage: [8306.T] ($1 = 108.6800 yen).  Full Article

MUFG to report credit lines worth 10.4 trillion yen for resource-related businesses- Nikkei
Friday, 13 May 2016 01:42pm EDT 

Mitsubishi Ufj Financial Group Is Expected To Announce It Has 10.4 Trillion Yen Worth Of Credit Lines Open For Resource : Mitsubishi UFJ Financial Group will reveal monday it is the world's largest lender to resource-related businesses - Nikkei . Mitsubishi UFJ Financial Group is expected to announce it has 10.4 trillion yen worth of credit lines open for resource-related businesses- Nikkei .Mitsubishi UFJ Financial Group will also disclose its bad-loan ratio, among other business metrics - Nikkei.  Full Article

More From Around the Web

Photo

Mitsubishi UFJ optimistic on Saudi project finance, Aramco IPO role

DUBAI Mitsubishi UFJ Financial Group (MUFG) expects double-digit growth in its project finance business in the Middle East in 2017, driven partly by Saudi Arabia's efforts to reduce its dependence on oil, the bank's co-head in the region Elyas Algaseer said.