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Stock Market & Financial Investment News

News Breaks
December 12, 2012
12:25 EDTMTUBOT-Mitsubishi UFJ to buy 20% stake in VietinBank, Nikkei reports
Bank of Tokyo-Mitsubishi UFJ (MTU) will buy a 20% stake in VietinBank for Y60B by acquiring shares held by the Vietnamese government, the Nikkei reports. The company is looking to complete the transaction in the first half of next year. Reference Link
News For MTU From The Last 14 Days
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September 19, 2014
11:14 EDTMTUSumitomo Mitsui, Mitsubishi UFJ on short list for Citigroup unit, WSJ reports
Sumitomo Mitsui Financial Group (SMFG), Sumitomo Mitsui Trust Holding, Mitsubishi UFJ Financial (MTU) and Shinsei Bank have been shortlisted by Citigroup (C) as buyers for the U.S. bank's retail bank in Japan, the Wall Street Journal reports, citing sources. Citi could pick a buyer for the unit by the end of the year or early next year. Citigroup could sell its Diners Club branded credit card unit in Japan along with the retail bank, a source says. Reference Link

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