Japan’s gradual exit from its ultra-easy monetary policies has helped send Japanese banks into overdrive, with the Topix Banks index more than doubling in the past two years. Japan’s three megabanks—Mitsubishi UFJ, Sumitomo Mitsui and Mizuho—have all reported record profits for their fiscal years ended in March and are forecasting another record year. Bloated balance sheets have dragged down returns: …
DMI Finance Private Limited today announced the closure of a USD 400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd, with participation from existing investor Sumitomo Mitsui Trust Bank Limited. DMI Finance sources and services customers through multiple digital channels – in particular it is an embedded digital finance partner …
The Japan session of the "Connecting Shandong with Fortune Global 500" serial event was held on Nov 10 in Jinan, capital of Shandong province, and Tokyo, Japan, via online and offline channels. Several Japanese commercial organizations and industrial magnates, including the Association for the Promotion of International Trade, Japan, Japan-China Economic Association, the Japan External Trade Organization, the Japan-China Investment …