MUFG

Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$2,459 billion as of 2016, making it the world's fifth largest bank by total assets and is one of the main companies of the Mitsubishi Group.

Source: mufg.jp

MUFG Shifts Focus To Digital Investments To Grow Customer Base

MUFG Shifts Focus To Digital Investments To Grow Customer Base
MUFG Shifts Focus To Digital Investments To Grow Customer Base
July 13, 2020  |  International

Once on a mission to buy up Southeast Asian banks, Japan’s biggest lender is now focused on digital investments to reach new customers and streamline...

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MUFG Invests $700M In Ride-Hailing Grab To Create Super-App
MUFG Invests $700M In Ride-Hailing Grab To Create Super-App
February 19, 2020  |  Investments

The largest bank in Japan, Mitsubishi UFJ Financial Group (MUFG), has invested over $700 million in Grab, a ride-hailing company in Southeast Asia that also...

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EU Fines Banks Billions For Manipulating Currency Prices
EU Fines Banks Billions For Manipulating Currency Prices
May 16, 2019  |  Regulation

The European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange...

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MUFG Launches Proprietary Digital Coin
MUFG Launches Proprietary Digital Coin
April 16, 2019  |  B2B Payments

MUFG, Japan’s largest bank, will follow JPMorgan Chase in launching a proprietary digital coin. Get the Full Story Complete the form to unlock this article...

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Bitcoin Daily: MUFG Bank, FinTech Akamai Team On Blockchain Tech; Ethereum Messaging App Status Revamps Crypto Wallet
Bitcoin Daily: MUFG Bank, FinTech Akamai Team On Blockchain Tech; Ethereum Messaging App Status Revamps...
February 14, 2019  |  Bitcoin

Mitsubishi UFJ Financial Group (MUFG) is teaming up with Akamai Technologies to create a payments network based on blockchain, CoinDesk reported. MUFG said the platform, dubbed...

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GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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Consumers’ Spending Blows Past September Estimates
Consumers’ Spending Blows Past September Estimates
October 31, 2017  |  Consumer Insights

U.S. consumer spending saw its largest increase in more than eight years in September, buoyed by the replacement of flood-damaged vehicles in Texas and Florida,...

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Consumer Spending For July Slightly Under Expectations
Consumer Spending For July Slightly Under Expectations
September 01, 2017  |  Consumer Finance

The Commerce Department said consumer spending in the U.S. saw a uptick that was slightly under what was expected in July, while the annual rate...

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Japan’s Top Bank Testing Digital Checks On Blockchain
Japan’s Top Bank Testing Digital Checks On Blockchain
February 21, 2017  |  B2B Payments

Blockchain has significant potential to disrupt B2B payments in the name of digitization and security. And with paper checks as some of the most manual...

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