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Stock Market & Financial Investment News

News Breaks
December 27, 2012
12:03 EDTMTUBOT-Mitsubishi UFJ to form tie-up with Myanmar bank, Nikkei reports
Bank of Tokyo-Mitsubishi UFJ, a unit of Mitsubishi UFJ Financial (MTU), will form a business tie-up with Myanmar's Co-Operative Bank to support Japanese companies operating in Myanmar, the Nikkei reports. Bank of Tokyo-Mitsubishi UFJ will use Co-Operative Bank's network to handle settlements and fund transfers by Japanese firms. Reference Link
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April 21, 2015
09:02 EDTMTUBlackstone, Wells Fargo in talks on more GE financial assets, Bloomberg says
General Electric (GE), which has announced plans to divest the majority of its GE Capital businesses, is in talks about the potential sale of its $74B U.S. commercial-lending unit, reported Bloomberg, echoing a similar report from The Wall Street Journal. Potential buyers include Blackstone (BX), Mitsubishi UFJ (MTU) Wells Fargo (WFC) and Apollo Global (APO), according to people with knowledge of the matter. Reference Link
April 16, 2015
06:23 EDTMTUSharp, lenders close to $1.7B rescue, restructuring plan, Reuters reports
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