Japan's largest banking group Mitsubishi UFJ Financial Group will cut the pay of six executives following the breaching of "firewall" regulations at its banking and securities arms, it said on Friday.
Mitsubishi UFJ's (MUFG) negotiation for a minority stake in the HDFC's consumer lending unit, HDB Financials, is delayed. The company is considering sweetening its offer to crack the deal.
Mitsubishi UFJ (MUFG) is set to benefit from its efforts to grow inorganically. However, lower NII is likely to put pressure on the company's top line in the upcoming months.
Mitsubishi UFJ (MUFG) and MUFG bank sign an investment agreement for $195 million in Ascend Money. This is set to solidify MUFG's presence in the APAC region.
Mitsubishi UFJ (MUFG) progresses on share repurchase activities under its 80 million buyback program. Given its strong balance sheet and liquidity position, this looks sustainable.
Mitsubishi (MUFG) units plan to submit business improvement strategies and reports related to administrative action to the FSA based on business improvement orders.
Mitsubishi (MUFG) announces that its units have been penalized by Japan's FSA for breaching client confidentiality. The regulators seek detailed reports on the cause and prevention of such misconduct.
Mitsubishi (MUFG) is undergoing scrutiny by SESC for exchanging confidential customer data on several occasions and breaching regulatory frameworks.
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group are considering selling 1.32 trillion yen ($8.5 billion) worth of strategic shareholdings in Toyota Motor , Bloomberg News reported on Friday, citing sources.
Mitsubishi UFJ (MUFG) unveils its progress on share repurchase activities. Given its strong balance sheet and liquidity position, this looks sustainable.
Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG ) Q4 2024 Earnings Conference Call May 16, 2024 9:00 PM ET Company Participants Jun Togawa - Representative Corporate Executive, Senior Managing Corporate Executive and Group CFO Conference Call Participants Ken Takamiya - Nomura Securities Shinichiro Nakamura - BofA Securities Maoki Matsuno - Mizuho Securities Takahiro Yano - JPMorgan Makoto Kuroda - Goldman Sachs Ken Matsuda - Citigroup Unidentified Company Representative Thank you very much for waiting. We will now begin Mitsubishi UFJ Financial Group briefing on the financial highlights for the fiscal year ended March 31, 2024.
Mitsubishi UFJ's (MUFG) fiscal 2023 results benefit from increased net fees and commissions, net trading profits, and higher loan and deposit balances. Yet, a drop in NII acts as a spoilsport.