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Mitsubishi UFJ Financial Group Inc (8306.T)

8306.T on Tokyo Stock Exchange

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Fri, May 31 2019

Japan's MUFG offers redundancy to 500 senior bankers in London-source

LONDON, May 31 Japan's Mitsubishi UFJ Financial Group is offering voluntary redundancy packages to 500 managing directors and directors in its London office, a source familiar with the matter said on Friday.

Japanese bank MUFG rethinks policy on coal-fired power projects

TOKYO Japan's Mitsubishi UFJ Financial Group will no longer provide financing for new coal-fired power generation projects after July 1, it said on Wednesday in a revised environmental and social policy framework.

Japanese bank MUFG rethinks policy on coal-fired power projects

* Japan's Mitsubishi UFJ Financial Group will no longer provide financing for new coal-fired power generation projects after July 1, it said on Wednesday in a revised environmental and social policy framework.

CORRECTED-UPDATE 3-Japan's top two banks post double-digit full-year profit declines

TOKYO, May 15 Japan's two biggest banks by assets posted double-digit declines in annual profit on Wednesday, highlighting deepening challenges for lenders as the world's third-largest economy looks headed toward another downturn.

MUFG's annual profit slides 12% as low interest rates, credit card unit weigh

TOKYO, May 15 Japan's Mitsubishi UFJ Financial Group Inc (MUFG) on Wednesday reported a 12% decline in annual net profit, held back by razor-thin lending margins and hit by a one-time charge at a credit card unit.

Japan's MUFG to book $890 million charge in just-ended year; sticks to FY estimate - Nikkei

TOKYO Japan's MUFG will book a charge of about 100 billion yen ($893.34 million) in the year ended March after its credit card unit stopped development of a new system, but will keep its full-year profit outlook, the Nikkei reported on Monday.

Japan's MUFG to book $890 million charge as cashless competition impacts investment: Nikkei

TOKYO Japan's MUFG will book a charge of about 100 billion yen ($893.34 million) in the year ended March after its credit card unit stopped development of a new system amid increased competition from cashless services, the Nikkei reported on Monday.

UPDATE 2-Japan's MUFG to book $890 mln charge as cashless competition impacts investment -Nikkei

* Charge comes after credit card unit suspends new system -Nikkei

Japan's MUFG to book $890 mln loss related to unit, stick to forecast -Nikkei

TOKYO, April 22 Mitsubishi UFJ Financial Group will book about a 100 billion yen ($893.34 million) loss in the year to March after its credit card unit stopped development of a new system, but it will stick to its full-year profit forecast, the Nikkei said.

Crypto compliance startup Chainalysis raises funding from MUFG, Sozo Ventures

NEW YORK New York-based cryptocurrency compliance startup Chainalysis has raised $6 million in funding from Japanese financial group Mitsubishi UFJ Financial Group Inc and venture capital firm Sozo Ventures, the company said on Tuesday.

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