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Stock impact report

MUFG Bank, Ltd. Announces Regarding Reorganization of Overseas Securities Entities Within MUFG [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
MUFG Bank, Ltd. announces Regarding reorganization of overseas securities entities within MUFG Tokyo, December 27, 2024 --- MUFG Bank and MUSHD today announced that MUFG Bank will acquire 100% of shares of the following overseas securities subsidiaries (MUFG Securities EMEA plc, MUFG Securities Asia Limited, and MUFG Securities (Canada), Ltd.) currently owned by MUSHD, making them direct subsidiaries of MUFG Bank (hereinafter, "group reorganization"). The reorganization is scheduled for July 1, 2025, subject to the completion of necessary procedures, including approvals from the relevant regulatory authorities in Japan and abroad. (1) Purpose of the group reorganization The medium-term business plan ("MTBP") of MUFG, starting from the 2024 fiscal year, established seven strategies dedicated to pursuing "growth" one of which is the "evolution of an integrated GCIB /Global Markets business model". Based on MUFG's integration strategy, the GCIB Business Unit and the Global Marke Show less Read more
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