Latest news with #MitsubishiUFJFinancialGroup
Yahoo
15-07-2025
- Business
- Yahoo
Mitsubishi UFJ Financial Group (MUFG) Strengthens AI Strategy with New Partnership
Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) is one of the 13 Best Japanese Stocks to Buy According to Hedge Funds. On May 19, Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) and its consolidated subsidiary, MUFG Bank, announced a new partnership with Sakana AI, a company that specializes in AI research and development. Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) has also appointed Ren Ito, the Chief Operating Officer of Sakana AI, as the group's AI Advisor. A smiling employee in front of a modern building surrounded by a vibrant cityscape. Sakana AI and MUFG Bank will form a long-term strategic partnership for a period of more than 3 years. Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) plans to use Sakana AI's innovative technologies to solve management challenges and add more value to operations. Initially, the corporation will use the expertise of Sakana AI's 'The AI Scientist' to automate the creation of documents. Ren Ito will play an active role by advising Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) on AI-related activities. He will help shape the corporation's AI strategy while also supporting networking and providing important information to the management team. In its current business plan, which began in April 2024, Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) committed to improving its AI capabilities and data infrastructure to improve productivity and better serve customers. This partnership is part of the group's aim to strengthen its AI strategy. Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) is one of the largest banking institutions in Japan and a leading global financial services group. It offers a wide range of services, including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. While we acknowledge the potential of MUFG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Japan's MUFG targets US for securitisation business, plans to boost headcount
By Miho Uranaka TOKYO (Reuters) -Mitsubishi UFJ Financial Group plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25%, a senior executive at Japan's largest banking group said in an interview. MUFG already has a presence in securitised products backed by assets such as credit card receivables and auto loans. However, such products tend to have high liquidity and many competitors, hitting profit margins. The bank plans to target non-traditional asset classes, such as aircraft and data centres, with the aim of differentiating its business and improving profitability. "We are launching securitised products such as CLOs (collateralised loan obligations), targeting assets formed with project finance, especially data centres," said Fumitaka Nakahama, the chief of MUFG's global corporate and investment banking group. Investment in data centres, driven by demand for generative artificial intelligence, is increasing around the world. Data centres for domestic demand in the U.S. are relatively resilient to any impact from President Donald Trump's tariff policies, Nakahama said. Nakahama said MUFG plans to increase the number of people working on securitisation to over 100 from around 80 currently by early next fiscal year. The division has strengthened its balance sheet, he said, and aims to raise its return on equity into double digits over the medium to long term. It is the "phase for us to go on the offensive," Nakahama said. Three years ago, MUFG sold the retail division of U.S. regional lender Union Bank to focus on its debt business. MUFG has been ranked No. 1 in U.S. project finance loans for 15 successive years. It aims to increase the number of schemes combining project finance and securitisation.
Yahoo
11-07-2025
- Business
- Yahoo
Japan's MUFG targets US for securitisation business, plans to boost headcount
By Miho Uranaka TOKYO (Reuters) -Mitsubishi UFJ Financial Group plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25%, a senior executive at Japan's largest banking group said in an interview. MUFG already has a presence in securitised products backed by assets such as credit card receivables and auto loans. However, such products tend to have high liquidity and many competitors, hitting profit margins. The bank plans to target non-traditional asset classes, such as aircraft and data centres, with the aim of differentiating its business and improving profitability. "We are launching securitised products such as CLOs (collateralised loan obligations), targeting assets formed with project finance, especially data centres," said Fumitaka Nakahama, the chief of MUFG's global corporate and investment banking group. Investment in data centres, driven by demand for generative artificial intelligence, is increasing around the world. Data centres for domestic demand in the U.S. are relatively resilient to any impact from President Donald Trump's tariff policies, Nakahama said. Nakahama said MUFG plans to increase the number of people working on securitisation to over 100 from around 80 currently by early next fiscal year. The division has strengthened its balance sheet, he said, and aims to raise its return on equity into double digits over the medium to long term. It is the "phase for us to go on the offensive," Nakahama said. Three years ago, MUFG sold the retail division of U.S. regional lender Union Bank to focus on its debt business. MUFG has been ranked No. 1 in U.S. project finance loans for 15 successive years. It aims to increase the number of schemes combining project finance and securitisation.
Bloomberg
09-07-2025
- Business
- Bloomberg
Adani Units in Talks with MUFG for $250 Million Offshore Loans
Investors are growing more confident lending to Indian conglomerate Adani Group as the company seeks to raise funds for units across the spectrum of its businesses. Two units of Adani Group are in advance talks to raise about $250 million from Mitsubishi UFJ Financial Group through separate bilateral offshore loans, according to people familiar with the matter.
Business Wire
08-07-2025
- Business
- Business Wire
Mitsubishi UFJ Financial Group, Inc. Announces Filing of Annual Report on Form 20-F for the Year Ended March 31, 2025
TOKYO--(BUSINESS WIRE)--Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)(TOKYO:8306)(ISIN:JP3902900004)(MUFG) hereby announces that it has filed its Annual Report on Form 20-F for the fiscal year ended March 31, 2025 (the 'Annual Report') with the U.S. Securities and Exchange Commission on July 7, 2025. The Annual Report includes MUFG's audited consolidated financial statements prepared under U.S. GAAP as of and for the fiscal year ended March 31, 2025. The Annual Report is available on our website at the following website address: In addition, all shareholders may receive a hard copy of the Annual Report free of charge upon request at our website. Such request should be made to below:
