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MUFG
is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$3.1 trillion as of 2016 and is one of the "Three Great Houses" of the Mitsubishi Group alongside Mitsubishi Corporation and Mitsubishi Heavy Industries. It is Japan's largest financial group and the world's second largest bank holding company holding around US$1.8 trillion (JP¥148 trillion) in deposits as of March 2011. The letters ''MUFG'' come from ''Mitsubishi'' and '' United Financial of Japan''. Background The company was formed on October 1, 2005, with the merger of Tokyo-based Mitsubishi Tokyo Financial Group (MTFG), and Osaka-based UFJ Holdings. The core banking units of the group, Bank of Tokyo-Mitsubishi and UFJ Bank, were merged on January 1, 2006, to form MUFG Bank. This integration was originally scheduled to take place on October 1, 2005, the same day that the parent companies were merged. However, pressure from Japan's Financia ...
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MUFG Union Bank
MUFG Union Bank (stylized as UnionBank), is a nationally chartered full-service bank with 398 branches in California, Washington and Oregon which was wholly owned by MUFG Americas Holdings and has been acquired by U.S. Bancorp. Formerly known as ''Union Bank of California, N.A.'', the bank also has commercial branches in Dallas, Houston, New York City and Chicago, as well as two international offices. Headquartered in New York City, MUFG Union Bank, N.A. is a subsidiary of intermediate holding company, MUFG Americas Holdings Corporation, and a member of the Mitsubishi UFJ Financial Group (). As of December 31, 2021, MUFG Americas Holdings Corporation had US$163 billion in assets and the Mitsubishi UFJ Financial Group had total assets of approximately US$3.4 trillion. Its foundation is built on six lineages; three originating in California and three in Japan ( Bank of Tokyo, Mitsubishi Bank and UFJ Bank). History Union Bank In 1914, Kaspare Cohn founded Kaspare Cohn Commer ...
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MUFG Bank
is the largest bank in Japan. It was established on January 1, 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. MUFG is one of the three so-called Japanese "megabanks" (along with SMBC and Mizuho). As such, it is considered a systemically important bank by the Financial Stability Board. The bank serves as the core retail, corporate, and investment banking arm of the Mitsubishi UFJ Financial Group. Its traditional client base is made up of Japanese corporates, but overseas corporate lending increased 35% in the nine months to December 31, 2011. As of June 23, 2019, Mitsubishi UFJ Financial Group / MUFG Bank was ranked as the largest bank in Japan and the fourth largest in the world. The bank's head office is in Marunouchi, Chiyoda, Tokyo, and it has 772 other offices in Japan and 76 offices overseas. History Formation MUFG Bank is the product of three bank mergers that occurred between 1996 and 2006. Mitsubishi Bank was founded in 18 ...
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Bank Danamon
PT Bank Danamon Indonesia Tbk is an Indonesian bank established in 1956. It is the sixth largest bank of Indonesia by asset size. History Bank Danamon was established on July 16, 1956, as PT Bank Kopra Indonesia. In 1976, the bank's name was changed to PT Bank Danamon Indonesia. It began focusing on foreign exchange transactions in 1976 and listed its shares on the Jakarta Stock Exchange in 1989. Suffering liquidity problems amid the Asian financial crisis, Danamon was in 1997 placed by the government under the supervision of the Indonesian Bank Restructuring Agency (IBRA). In 1999, the government through IBRA, recapitalized Danamon with Rp 32 billion in Government Bonds. In the same year, some banks taken over by the government merged with Bank Danamon as one part of IBRA's restructuring plan. In 2000, Bank Danamon merged with another eight banks taken over by the government, further increasing Danamon's size. Over the next three years, Danamon underwent a massive restruct ...
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Mitsubishi
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly "Friday Conference" executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies). History The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the name ...
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UFJ Holdings, Inc
UFJ, which stands for the United Financial of Japan, is used in the former companies of UFJ Bank, UFJ Group, and UFJ Holdings. These related institutions disappeared after the merger of The Bank of Tokyo-Mitsubishi and UFJ Bank in 2005. UFJ Bank itself was established by the merger in 2002 of the Sanwa Bank, Tokai Bank, and Toyo Trust and Banking. See also * Mitsubishi UFJ Financial Group is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$3.1 trillion as of 2016 and is one of the "Three Great Houses" of the Mitsubishi Group alongside Mitsubishi Corpor ... * MUFG Bank Banks of Japan Mitsubishi UFJ Financial Group {{Japan-company-stub ...
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Chiyoda, Tokyo
is a Special wards of Tokyo, special ward located in central Tokyo, Japan. It is known as Chiyoda City in English language, English.Profile
." ''City of Chiyoda''. Retrieved on December 28, 2008.
It was formed in 1947 as a merger of Kanda, Tokyo, Kanda and Kōjimachi wards following Tokyo City's Local Autonomy Act, transformation into Tokyo Metropolis. The modern Chiyoda ward exhibits contrasting Shitamachi and Yamanote geographical and cultural divisions. The Kanda area is in the core of Shitamachi, the original commercial center of Edo-Tokyo. On the other hand, the western part of the Kōjimachi area typically represents a Yamanote district. Chiyoda consists of the Tokyo Imperial Palace, Imperial Palace and a surrounding radius of about a kilometer. As of October 2020, the ward has a p ...
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Mitsubishi UFJ Securities
is the investment banking arm of the Mitsubishi UFJ Financial Group (MUFG), a financial services company which is the largest in Japan measured by assets. The company is headquartered in Tokyo, Japan. The company was established on October 1, 2005, when the firm's parent company, Mitsubishi UFJ Financial Group, was formed by the merger of Mitsubishi Tokyo Financial Group (MTFG) and UFJ Holdings. On the same day, the respective investment banking subsidiaries of MTFG and UFJ, Mitsubishi Securities Co., Ltd.(established in March 1948) and UFJ Tsubasa Securities Co., Ltd.(established in April 1948), were merged to form Mitsubishi UFJ Securities Co., Ltd. The international Chief Risk Officer is Oliver Jakob. Shareholders *Mitsubishi UFJ Financial Group is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$3.1 trillion as of 2016 and is one of the "Three Great Houses" of the Mitsubishi Group alon ...
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Trillion (short Scale)
This list contains selected positive numbers in increasing order, including counts of things, dimensionless quantities and probabilities. Each number is given a name in the short scale, which is used in English-speaking countries, as well as a name in the long scale, which is used in some of the countries that do not have English as their national language. Smaller than (one googolth) * ''Mathematics – random selections:'' Approximately is a rough first estimate of the probability that a typing "monkey", or an English-illiterate typing robot, when placed in front of a typewriter, will type out William Shakespeare's play ''Hamlet'' as its first set of inputs, on the precondition it typed the needed number of characters. However, demanding correct punctuation, capitalization, and spacing, the probability falls to around 10−360,783. * ''Computing:'' 2.2 is approximately equal to the smallest positive non-zero value that can be represented by an octuple-precision ...
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Mitsubishi UFJ Trust And Banking Corporation
is the trust banking arm of the Mitsubishi UFJ Financial Group, a Japanese financial services group which is the largest in the world measured by assets. The bank is headquartered in Tokyo, Japan. The merger of Mitsubishi Tokyo Financial Group and UFJ Holdings on October 1, 2005 was followed by the merger of their respective trust banking subsidiaries, The Mitsubishi Trust and Banking Corporation and UFJ Trust Bank, creating Mitsubishi UFJ Trust and Banking Corporation. The bank has over 1.5 trillion USD trust assets and is one of the major institutional investors in global markets. History The Mitsubishi Trust and Banking Corporation was a Japanese trust bank and a subsidiary of the Mitsubishi Tokyo Financial Group. On October 1, 2005, the company merged with UFJ Trust Bank to form Mitsubishi UFJ Trust and Banking Corporation. Scholarship The Mitsubishi UFJ Trust and Banking Corporation Scholarship Foundation was established in 1953. Since then, it has provided over ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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