Mitsubishi UFJ Financial Group is in talks with a number of governments as it seeks to build a pipeline of swaps to help developing nations refinance debt and free up funds for social and infrastructure projects. https://www.japantimes.co.jp/business/2025/08/13/companies/mufg-helps-developing-nations-refinance-debt/?utm_medium=Social&utm_source=mastodon #business #companies #mufg #banks #debt
The combined net profits of Japan's five major banking groups rose 2.7% on the year in April-June due partly to growth in income from their lending operations reflecting interest rate hikes by the Bank of Japan. https://www.japantimes.co.jp/business/2025/08/05/companies/japan-banks-earnings-up/?utm_medium=Social&utm_source=mastodon #business #companies #banks #mufg#sumitomomitsui #mizuho #donaldtrump #tariffs
The CEO of Japan’s largest bank has described September or October as "desirable" for the Bank of Japan to raise its policy rate, given the outlook for higher inflation in the country. https://www.japantimes.co.jp/business/2025/08/05/companies/mufg-rate-hike/?utm_medium=Social&utm_source=mastodon #business #companies #mufg #india #inflation #us #japaneseeconomy #tariffs #donaldtrump #boj #banks
MUFG Bank said Monday that a former employee in his 60s has defrauded a customer out of ¥39.84 million by suggesting fictitious financial products and issuing forged deposit receipts. https://www.japantimes.co.jp/news/2025/06/23/japan/ex-mufg-worker-defraud-customer/?utm_medium=Social&utm_source=mastodon #japan #mufg #fraud