What is the Mitsubishi UFJ Financial Group?
It's the largest bank in Japan and one of the biggest in the world. Also known as MUFG, it’s one of the main companies of the Mitsubishi Group and headquartered in Tokyo. It provides a range of financial and investment services.
Where have you heard about the Mitsubishi UFJ Financial Group?
Mitsubishi is a household name when it comes to making cars, but less is known about the financial services side of its business. But with total assets under management of around $2.6 trillion as of 2016, this 'megabank' is not to be underestimated.
What you need to know about the Mitsubishi UFJ Financial Group.
The group's financial services include consumer banking, corporate banking, retail banking, mortgages, credit cards, commercial banking, asset management, trust banking and investment banking.
MUFG was formed in 2005 through a merger between Mitsubishi Tokyo Financial Group and UFJ Holdings. The bank’s origins go back to 1880 though when the Mitsubishi Bank was first established.
To increase profitability, MUFG has ventured overseas, with south-east Asia one of its target areas for expansion.
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