Topic
4 stories in this topic
Indonesian regulators have cleared Japanese lender Mitsubishi UFJ Financial Group’s plan to increase its stake in Bank Danamon to 40 percent, bringing it closer to completing what could be the biggest takeover of an Indonesian firm. The Financial Services…
Mitsubishi UFJ Financial Group, Japan’s biggest bank, agreed to buy a 20 percent stake in Philippine lender Security Bank Corp. for 36.9 billion pesos ($773 million) as it deepens its expansion in Southeast Asia. Security Bank accepted MUFG’s offer to buy…
One of the more significant banking stories of the year is the acquisition of Bank of Tokyo Mitsubishi UFJ (BTMU) of a 20 percent share in a local bank. It’s a move that many predict will eventually lead to a larger ownership stake in the future. BTMU CEO Go…
Go Watanabe, CEO, Asia-Oceania at Mitsubishi UFJ said that we’re looking for a bank that is very strong in both corporate and retail consumer finance akin to Bangkok-based Bank of Ayudhya Pcl. Photo: Bloomberg Singapore: Two years after spending about $5…
