MUFG Bank, Ltd. (株式会社三菱UFJ銀行, Kabushiki gaisha Mitsubishi Yūefujei Ginkō) is a Japanese bank and the core banking subsidiary of the Mitsubishi UFJ Financial Group (MUFG).[1] It was established on January 1, 2006 through the merger of the Bank of Tokyo-Mitsubishi (株式会社東京三菱銀行, Kabushiki kaisha tōkyō mitsubishi ginkō) and UFJ Bank (株式会社ユーエフジェイ銀行, Kabushiki kaisha yūefujei ginkō), two major banking groups that themselves were the product of recent banking mergers. The bank was first named Bank of Tokyo Mitsubishi UFJ, initialed as BTMU, before rebranding as MUFG Bank in July 2018.[2]
 | |
 Headquarters in Marunouchi | |
| Formerly | The Bank of Tokyo-Mitsubishi UFJ, Ltd. (三菱東京UFJ銀行) (2005–2017) |
|---|---|
| Company type | Subsidiary |
| Industry | Financial services |
| Predecessor | The Bank of Tokyo-Mitsubishi, Ltd. UFJ Bank |
| Founded | January 1, 2006 (The Mitsubishi Bank, Ltd.; August 25, 1919) (The Sanwa Bank, Ltd.; 1933) (The Tokai Bank, Ltd.; 1941) |
| Headquarters | Chiyoda, Tokyo (Marunouchi 2-7-1, Chiyoda-ku, Tokyo, 100-8388, Japan) , Japan |
Number of locations | 868 branches (as of March 31, 2009) |
Area served | Worldwide |
Key people | Katsunori Nagayasu, (president) |
| Services | Retail banking Commercial banking Investment banking |
| Revenue |  US$46.83 billion (2020) |
| US$6.246 billion (2020) | |
| US$2.7 billion (2020) | |
| AUM |  US$2.27 trillion (2020) |
Number of employees | 32,186 (2020) |
| Parent | Mitsubishi UFJ Financial Group |
| Subsidiaries | MUFG Americas Holdings Corporation Senshu Ikeda Holdings kabu.com Securities Co., Ltd. Bank of Ayudhya Bank Danamon Morgan Stanley(23.3%) |
| Website | www |
MUFG Bank, along with Sumitomo Mitsui Banking Corporation and Mizuho Bank, is recognized as one of the three so-called megabanks in Japan. As of June 23, 2019, it was ranked as the largest bank in Japan and the third largest in the world.[3]
The bank's head office is in Marunouchi, Chiyoda, Tokyo, and it has 772 other offices in Japan and 76 offices overseas.[4]
References
edit- ^ "Products and Services: Corporate & Investment Banking". bk.mufg.jp. The Bank of Tokyo-Mitsubishi UFJ. Archived from the original on February 22, 2015. Retrieved February 22, 2015.
- ^ "Bank of Tokyo-Mitsubishi UFJ rebranded as MUFG Bank". Gulf News. July 16, 2018.
- ^ "The 10 Largest Banks in the World". 2019. Archived from the original on July 12, 2019. Retrieved August 12, 2019.
- ^ "About The Bank of Tokyo-Mitsubishi UFJ, Ltd. Archived February 10, 2010, at the Wayback Machine" The Bank of Tokyo-Mitsubishi UFJ. Retrieved December 15, 2009.
External links
edit
- (in Japanese) Official website
- Official website
- Official site MUFG (Americas)
- "Company history books (Shashi)". Shashi Interest Group. April 2016. Wiki collection of bibliographic works on The Bank of Tokyo-Mitsubishi UFJ
Media related to Bank of Tokyo-Mitsubishi UFJ at Wikimedia Commons