Mitsubishi UHJ Financial Group was formed in 2005 by merger of Mitsubishi Tokyo Financial group of Tokyo and UFJ holdings of Osaka.
Image: company website
From the next financial year, the main banking units of two groups, Bank of Tokyo-Mitsubishi and UFJ bank were combined to form The Bank of Tokyo-Mitsubishi UFJ, Ltd. The delay in merge was due to pressure from Japan’s Financial Services Agency for smooth integration of two banking giants of Japan.
The bank is headquartered in Chiyoda-ku of Tokyo, Japan and has around 102,300 permanent employees catering to the need of its customers. The bank provides services in personal banking, corporate banking, and investment banking along with investment management, wealth management, mortgage and credit cards. As every Japanese company believes in quality, the Mitsubishi bank also works with a slogan as “Quality for you”. It provides services worldwide with many subsidiaries it has either acquired or present due to parent companies of bank. In 2008, Mitsubishi formed an alliance with Morgan Stanley by purchasing 20% stake in the firm making its strong presence in American market.
Mitsubishi has maintained a strong lead in Japanese market by winning certain awards including ALB Japan Law Awards of 2008 for In-House Team of Year and Deal of the Year. Mitsubishi seems to be thriving ahead in near future.