MUFG Union Bank announced that Devon Bryan has joined as Chief Information Security Officer (CISO) for MUFG Union Bank effective August 3rd and will be based in Jersey City, NJ.
Japan's three biggest banks and two smaller banks are starting talks on building a common settlement infrastructure for small payments, with the aim of cutting interbank fees, they announced on Thursd
Mitsubishi UFJ's (MUFG) first-quarter fiscal 2020 results underline elevated credit costs and expenses, partly offset by higher gross profits.
Japanese shares retreated from a one-week high on Wednesday as downbeat earnings reports underscored the economic blow from the COVID-19 pandemic and a firmer yen weighed on exporters. The Nikkei ind
Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender by assets, said on Tuesday its first-quarter net profit more than halved as credit-related costs ballooned due to the coronavirus pand
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hitachi Capital Corporation and other ratings that are associated with the same analytical unit. The review was
Mizuho Financial Group said on Friday its net profit dropped 24.6% in the first quarter of its financial year as credit-related costs rose amid the coronavirus pandemic. For the current financial yea
(Bloomberg) -- Japanese banks face sharply higher bad loan costs due to the pandemic, but the damage is unlikely to show through in first-quarter earnings reports.The three largest lenders have alread
(Bloomberg) -- Bank of Japan Governor Haruhiko Kuroda said Japan’s economy was past the worst, but warned the recovery would be slow, adding that he remains ready to take further action if needed.Hi
(Bloomberg) -- The days of aggressively buying Southeast Asian banks appear over for Japan’s biggest lender, which is now focusing on digital investment to reach new customers and streamline operati
Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)(TOKYO:8306)(ISIN:JP3902900004)(MUFG) hereby announces that it has filed its Annual Report on Form 20-F for the fiscal year ended March 31, 2020 (the "A
MUFG vs. WBK: Which Stock Is the Better Value Option?
Japan, the biggest taker of cheap dollar funding from the U.S. Federal Reserve during the coronavirus pandemic, is weaning itself off that supply as it shies away from emergency swaps and returns to n
Union Bank, a leading West Coast bank, today committed $10 million to launch a Community Recovery Program aimed at addressing social and racial injustices in the United States. This initiative is spec
European stock markets are set to edge lower at the open Thursday, as the resurgence of Covid-19 infections raises concerns over the speed of the global economic recovery. At 2 AM ET (0600 GMT), the
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