Mitsubishi UFJ Financial Group Inc (8306.T)
22 Nov 2017
* Books gains from release of bad loan provisions for first half
TOKYO, Nov 14 Mitsubishi UFJ Financial Group (MUFG) on Tuesday reported a 27.8 percent rise in net profit for the six months ended September, as smaller bad loan costs and gains from selling equity holdings helped offset a weak lending business.
* To buy back up to 1.5 percent of own shares worth 100 billion yen
* Lender will open Saudi Arabia office (adds details of new hires, plans on expansion of other offices in Europe)
LONDON, Nov 13 Japan's Mitsubishi UFJ Financial Group (MUFG) is hiring staff in London in a drive to expand its investment banking operations across Europe, the Middle East and Africa (EMEA) and boost income outside its home market, a senior executive said.
HONG KONG (Reuters Breakingviews) - Japan’s largest lender is banking on an easier ride in Indonesia. Buying into Bank Danamon would nicely round out the regional presence of the $87 billion Mitsubishi UFJ Financial Group. And when it comes to both price and politics, MUFG looks better placed than the Southeast Asian group’s previous suitor.
JAKARTA Indonesia's financial services authority (OJK) confirmed on Friday that Mitsubishi UFJ Financial Group (MUFG) is interested in buying a stake in Bank Danamon Indonesia
JAKARTA, Nov 10 Indonesia's financial services authority (OJK) confirmed on Friday that Mitsubishi UFJ Financial Group (MUFG) is interested in buying a stake in Bank Danamon Indonesia
NEW YORK Mitsubishi UFJ Financial Group Inc (MUFG) on Wednesday sued New York’s banking regulator to stop its effort to continue to supervise Japan's largest lender after it switched its state branches to federal oversight this week, according to court filings.
Nov 9 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: