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Stock Market & Financial Investment News

News Breaks
July 1, 2014
09:11 EDTMTUMitsubishi integrates operations in Americas
Mitsubishi UFJ announced that it has integrated The Bank of Tokyo-Mitsubishi UFJ’s U.S. branch banking operations with Union Bank, and will operate the U.S. banking operations under the new name MUFG Union Bank. All of BTMU’s Americas banking activities, including the new unified U.S. organization, are overseen by a newly renamed holding company, MUFG Americas Holdings Corporation. The Office of the Comptroller of the Currency is the primary regulator for MUFG Union Bank. MUFG Americas Holdings primary regulator is the Federal Reserve. Katsumi Hatao begins his term as CEO for the Americas of BTMU and President and CEO of MUFG Union Bank and MUFG Americas Holdings.
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September 12, 2014
06:25 EDTMTUCiti Diners Club attracts attention of banks in Japan, Bloomberg says
Citigroup's (C)’s Diners Club card is among some of the firm's resources in Japan that is attracting attention from lenders as the company looks for offers for its retail division in the country, according to Bloomberg, citing people with knowledge of the matter. The sources said that Sumitomo Mitsui (SMFG), Mizuho Financial Group (MFG), Mitsubishi UFJ (MTU), Sumitomo Mitsui Trust and Shinsei Bank are some of the banks that are poised to propose preliminary offers. Reference Link
September 8, 2014
07:29 EDTMTUMitsubishi UFJ mulls spending $8B on U.S., Asia deals, FT says
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September 5, 2014
14:22 EDTMTUMitsubishi UFJ confident in U.S. growth, unlikely to buy Citizens, Reuters says
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