Japan Times (Free subscription) | 11/18/2009
The top three banking groups posted net profits for the six months to September as the global downturn eased, according to earnings results announced as of Wednesday. On Wednesday, Mitsubishi UFJ Financial Group Inc. said its consolidated net profit rose 53.2 percent, to ¥140.9 billion, in the April-September period.
Indian Express (Free subscription) | 8 hours ago
| | | / Wed, 25 Nov 2009 Industry Sectors Sections Supplement(s) International Reports FE@Campus Ambani vs Ambani: RIL's affidavits RNRL's submissions on the MoU EventsFE Events Services Channels Group Websites - - StoryChinese banks’ rush for billions could trip markets Reuters Posted: Thursday, Nov 26, 2009 at 2307 hrs ISTUpdated: Thursday, Nov 26, 2009 at 2307 hrs ISTFont Size Related Articles...
Japan Times (Free subscription) | 9 hours ago
... discuss tougher capital standards for banks to prevent another financial crisis.Last week, Mitsubishi UFJ Financial Group Inc., Japan's largest banking group, said it plans to raise up to ¥1 trillion by selling new common shares.While stressing the importance of boosting the capital base, Yamaguchi described it as "the last resort to absorb loss."He also said it is necessary...
People Daily (Free subscription) | 11/18/2009
&$ &$A man walks past a signboard of Mitsubishi UFJ Financial Group's bank at its branch in Tokyo November 18, 2009.(Xinhua/Reuters Photo)&$ &$ Japan's top bank Mitsubishi UFJ Financial Group (MUFG) announced Wednesday its first-half net profit for April-September period surged 53.2 percent from a year earlier to 140.95 billion yen (1.6 billion U.S. dollars)....
People Daily (Free subscription) | 11/18/2009
&$ &$A man walks past a signboard of Mitsubishi UFJ Financial Group's bank at its branch in Tokyo November 18, 2009.(Xinhua/Reuters Photo)&$ &$ Japan's top bank Mitsubishi UFJ Financial Group (MUFG) announced Wednesday its first-half net profit for April-September period surged 53.2 percent from a year earlier to 140.95 billion yen (1.6 billion U.S. dollars)....
Asia Times (Free subscription) | 11/20/2009
Capital rules weigh on Japan stocksBy Kosuke Takahashi TOKYO - Japan's economy has moved out of recession, but the country's stock market continues to suffer from the impending imposition of tougher international capital rules to be compiled by the end of this year in Basel, Switzerland. The nation's financial sector, led by Japan's three megabanks - Mitsubishi UFJ Financial Group, Mizuho...
<title> - MarketColorz, Indian Stock Market... (Free subscription) | 11/19/2009
... before year-end. A six-month low in US housing construction in October and news this week that Mitsubishi UFJ Financial Group, Japan's largest bank, will have to raise $11 billion in new shares to meet stricter capital requirements have underscored how the climb back from the worst economic crisis in generations will be slow. "The fact that they (MUFJ) are doing this now suggests...
Law Blog - WSJ.com (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group plans to issue new shares worth billions of dollars to bolster its capital base, as it reported group net profit soared on gains in trading.
Law Blog - WSJ.com (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group plans to issue new shares worth billions of dollars to bolster its capital base, as it reported group net profit soared on gains in trading.
Japan Times (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group Inc. said Wednesday it may raise as much as ¥1 trillion selling shares and noted terms of the planned merger between its Japanese securities unit and that of Morgan Stanley have been changed. Japan's largest bank by market value registered with the Finance Ministry to sell common stock in the next 12 months. Mitsubishi UFJ also said Morgan Stanley will...
Law Blog - WSJ.com (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group, Morgan Stanley scale back a merger of Japanese units,and MUFG plans to issue $11.2 billion in new shares.
Financial Times (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group announced plans to raise up to Y1,000bn ($11.2bn) in new shares and said it will delay the planned merger of its securities arm with Morgan Stanley's Japanese brokerage unit until May
Law Blog - WSJ.com (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group, Morgan Stanley scale back a merger of Japanese units,and MUFG plans to issue $11.2 billion in new shares.
Bloomberg (Free subscription) | 11/19/2009
Nov. 18 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. may beat Japanese banking rivals to market with its planned sale of as much as 1 trillion yen ($11.2 billion) in stock as regulators demand bigger capital cushions.
DealBook (Free subscription) | 11/18/2009
Mitsubishi UFJ Financial Group, Japan's largest bank, said Wednesday it would press ahead with plans to raise up to $11.2 billion to bolster its financial cushion even as it posted results that showed higher profits in the last six months.
