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Mitsubishi UFJ Financial Group (MUFG) has announced a significant modernization drive focused on updating its electronic trading capabilities. This initiative will encompass all areas except for Japanese government bonds, where traditional voice methods for dealers will be preserved. Additionally, MUFG has decided to halt talks on acquiring shares in a Nonbank Financial Co under India's HDFC Bank, according to reports from Nikkei Asia.
Mitsubishi UFJ Financial Group is on a big drive to update its electronic trading capabilities at the same time that it’s preserving old-style voice methods for dealers in Japanese government bonds. https://t.co/EUhaHDsuMv
The securities arms of Japan's three megabanking groups are hiring more staff for their wealth management operations, hoping to attract affluent customers with personal service as online competitors peel away general demand with commission-free trading. https://t.co/ULy5YcFoGJ
A small Japanese bank is looking to grow through opening accounts & lending to offshore foreigners buying property in Japan-it's already signed up hundreds of wealthy clients, offering a peek into a trend where there's been limited precise data. My latest: https://t.co/2PSoVUx24e
