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
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. Reports in the Japan Times said Mitsubishi UFJ Financial Group (MUFG) will roll...

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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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