Tatsuo Tanaka News
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Mitsubishi UFJ Financial Group Inc., Japan’s biggest publicly traded bank, named Nobuyuki Hirano as president of its banking unit, replacing Katsunori Nagayasu.
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Mitsubishi UFJ Financial Group Inc., Japan’s biggest bank, targets becoming one of Asia’s three biggest lenders by profit through making acquisitions, funding infrastructure projects and expanding retail banking.
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Royal Bank of Scotland Group Plc is selling its aviation leasing unit to Sumitomo Mitsui Financial Group Inc. for about $7.3 billion, the biggest disposal by the state-owned lender since its U.K. government bailout in 2008.
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Mitsubishi UFJ Financial Group Inc. , the Japanese lender that bought UnionBanCal Corp., said it may spend more than 500 billion yen ($5.7 billion) to acquire more U.S. banks as domestic loan demand declines.
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LG Electronics Inc. , facing patent- infringement claims brought by Sony Corp. , fired back with complaints seeking to block sales of Sony Bravia televisions and PlayStation 3 consoles in the U.S.
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Mitsubishi UFJ Financial Group Inc. may buy project-finance assets from Royal Bank of Scotland Group Plc as Japan’s largest banks start deploying the $56 billion they’ve raised in share sales in the past two years.
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Mitsubishi UFJ Financial Group Inc., Japan’s biggest bank by market value, reported first-quarter profit that more than doubled, beating analysts’ estimates as bad loan charges fell and bond trading increased.
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Mizuho Financial Group Inc. may seek stakes in Asian investment banks and would consider spending about 100 billion yen ($1.2 billion) on an acquisition should it find a suitable target, a senior executive said.
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Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, led the nation’s banks in beating analysts’ profit estimates this week as bad loan costs fell and business confidence rose to a two-year high.
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