MUFG Reorganizes U.S. Subsidiaries into 'One Team' under Single Holding Company to Comply with Enhanced Prudential Standards
BusinessWire - Fri Jul 01, 7:30AM CDT
Mitsubishi UFJ Financial Group, Inc. (MUFG - NYSE: MTU), one of the world's leading financial groups, announced that effective today it is designating its current U.S. bank holding company, MUFG Americas Holdings Corporation (MUAH), as its Intermediate Holding Company (IHC) in accordance with the requirements of the U.S. Federal Reserve Board's final rules for Enhanced Prudential Standards (the EPS Rules). The reorganization also allows all material U.S. subsidiaries of MUFG to be clearly aligned as one team.
MTU: 4.64 (+0.20)
Financial Sector Equities Coverage -- Mitsubishi UFJ Financial Group, TCF Financial, Sterling Bancorp., and Cathay General Bancorp.
PR Newswire - Thu Jun 30, 6:45AM CDT
On Wednesday, June 29, 2016, the NASDAQ Composite ended the trading session at 4,779.25, up 1.86%; the Dow Jones Industrial Average advanced 1.64%, to finish at 17,694.68; and the S&P 500 closed at 2,070.77, up 1.70%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), TCF Financial Corporation (NYSE: TCB), Sterling Bancorp. (NYSE: STL), and Cathay General Bancorp. (NASDAQ: CATY). Learn more about these stocks by accessing their free trade alerts at:
MTU: 4.64 (+0.20), CATY: 29.73 (+0.61), STL: 16.47 (+0.30), TCB: 12.79 (+0.26)
Mitsubishi UFJ Bank Unit May Quit as JGB Primary Dealer
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:05AM CDT
The core lending unit of Mitsubishi UFJ Financial Group, Inc. (MTU) is contemplating withdrawal from its role as a primary dealer for Japanese government bonds (JGB)
BMO: 64.13 (+0.63), MTU: 4.64 (+0.20), RY: 60.41 (+0.85), CM: 75.49 (+0.79)
MUFG Promotes Jonathan Lindenberg to Deputy Head of Investment Banking for the Americas
BusinessWire - Fri Jun 03, 5:00AM CDT
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, today announced that Jonathan Lindenberg has been promoted to the newly created position of Deputy Head of Investment Banking for the Americas.
MTU: 4.64 (+0.20)
MUFG's securities business strengthens presence in Midwest with Chicago-based Institutional Client Sales Team
PR Newswire - Wed Jun 01, 9:07AM CDT
MUFG's securities business in the Americas has announced a Chicago-based sales office to support the firm's Investment Grade bond distribution in the Midwest region of the United States.
MTU: 4.64 (+0.20)
What These Banking Stocks Have in Their Performance Vaults? - Mitsubishi UFJ Financial, FirstMerit, Sterling Bancorp., and Great Western Bancorp
PR Newswire - Tue May 31, 7:15AM CDT
The Financial sector has seen some significant improvement since the beginning of this year, thus presenting many investors with growth opportunities. Ahead of today's trading session, ActiveWallSt.com has released trade alerts on the following Money Center Banks equities: Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), FirstMerit Corp. (NASDAQ: FMER), Sterling Bancorp. (NYSE: STL), and Great Western Bancorp. Inc. (NYSE: GWB). Sign up for these stocks' alerts by clicking on the following link:
FMER: 20.47 (+0.41), MTU: 4.64 (+0.20), STL: 16.47 (+0.30), GWB: 33.23 (+0.36)
MUFG Project Finance Team Captures Two Prestigious Awards From Power Finance & Risk
BusinessWire - Mon May 23, 2:25PM CDT
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, today announced it earned two prestigious honors for its efforts in project finance, the latest recognition for the bank's highly decorated team.
MTU: 4.64 (+0.20)
Union Bank Adds Trio to Private Wealth Management Team
BusinessWire - Wed May 18, 12:00PM CDT
Union Bank today announced that Simone Branigan, Ralph Dickman and Mary Murray have joined its Private Wealth Management team in California as Vice Presidents and Private Wealth Advisors. These individuals will work with a team of wealth management professionals across several disciplines to understand the challenges and opportunities facing high net worth clients in their respective regions. Their advisory activity will include providing clients with tailored solutions focused on their goals and working closely with them to implement agreed strategies. The addition of these three professionals is a key milestone in the Private Wealth Management team's ongoing efforts to recruit top talent that not only has the necessary financial expertise to serve clients effectively, but who also share the bank's values.
MTU: 4.64 (+0.20)
Mitsubishi UFJ (MTU) FY15 Earnings Fall, to Buy Back Shares
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:35AM CDT
Mitsubishi UFJ Financial Group, Inc.'s (MTU) net income for the fiscal year ended Mar 31, 2016, came in at ??951.4 billion ($8.2 billion), declining 8% year over year
BCS: 8.06 (+0.39), MTU: 4.64 (+0.20), DB: 14.10 (+0.80), RBS: 4.92 (+0.20)
Mitsubishi UFJ & Hitachi Form Capital and Business Tie-up
Zacks Equity Research - Zacks Investment Research - Mon May 16, 8:56AM CDT
Japanese banking giant Mitsubishi UFJ Financial Group, Inc. (MTU) and Hitachi, Ltd. have entered into a business alliance to boost their operations
MTU: 4.64 (+0.20), GGAL: 31.15 (-0.02), SHG: 33.42 (+0.75)
UBS Group (UBS) Q1 Earnings Deteriorate Y/Y; Costs Fall
Zacks Equity Research - Zacks Investment Research - Tue May 03, 7:25AM CDT
UBS Group AG (UBS) reported first-quarter 2016 net profit attributable to shareholders of CHF 707 million ($711.7 million), down 64.2% year over year.
MTU: 4.64 (+0.20), DB: 14.10 (+0.80), RBS: 4.92 (+0.20), UBS: 12.90 (+0.39)
Union Bank Granted Federal Home Loan Bank of San Francisco Program Funds to Assist Qualified First-time Home Buyers
BusinessWire - Mon May 02, 10:00AM CDT
Union Bank today announced that it has received $1.75 million in program funds from The Federal Home Loan Bank (FHLB) of San Francisco to provide matching grants to low- and moderate-income, first-time home buyers. The bank received $1.5 million in Workforce Initiative Subsidy for Homeownership (WISH) Program funds and $250,000 in Individual Development and Empowerment Account (IDEA) Program funds. This is the sixth year that the bank has received WISH and IDEA program funds.
MTU: 4.64 (+0.20)
Royal Bank of Scotland (RBS) Falls 4.65% on Q1 Loss
Zacks Equity Research - Zacks Investment Research - Mon May 02, 8:58AM CDT
The Royal Bank of Scotland Group plc (RBS) declined 4.65% on NYSE after it reported first-quarter 2016 loss attributable to shareholders of ??968 million ($1.4 billion) as compared with a loss of ??459 million in the prior-year quarter.
MTU: 4.64 (+0.20), DB: 14.10 (+0.80), RBS: 4.92 (+0.20), UBS: 12.90 (+0.39)
Deutsche Bank's (DB) Earnings and Revenues Decline in Q1
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 5:42AM CDT
Deutsche Bank AG (DB) reported net income of ???236 million ($260.3 million) in the first quarter of 2016, down 57.8% year over year. Income before income taxes came in at ???579 million ($638.6 million), down 60.9% year over year.
MTU: 4.64 (+0.20), DB: 14.10 (+0.80), RBS: 4.92 (+0.20), UBS: 12.90 (+0.39)
Royal Bank of Scotland (RBS) Q1 Earnings: What's in Store?
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 6:09PM CDT
The Royal Bank of Scotland Group plc (RBS) is scheduled to report first-quarter 2016 results on Friday, Apr 29.
MTU: 4.64 (+0.20), DB: 14.10 (+0.80), RBS: 4.92 (+0.20), UBS: 12.90 (+0.39)
Can Deutsche Bank (DB) Turn Profitable in Q1 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 3:20PM CDT
Will Deutsche Bank AG (DB) be able to return to profitability this earnings season? Or will it succumb to the industry challenges experienced during the quarter?
MTU: 4.64 (+0.20), DB: 14.10 (+0.80), RBS: 4.92 (+0.20), UBS: 12.90 (+0.39)
Deborah Valenzuela Joins UnionBanc Investment Services Brokerage Team in Los Angeles
BusinessWire - Thu Apr 21, 1:30PM CDT
Union Bank's investment advisory and brokerage subsidiary, UnionBanc Investment Services ('UBIS'
MTU: 4.64 (+0.20)
Morgan Busalacchi (nee Mertz) Joins UnionBanc Investment Services in San Diego
BusinessWire - Thu Apr 21, 1:30PM CDT
Union Bank's investment advisory and brokerage subsidiary, UnionBanc Investment Services ('UBIS'
MTU: 4.64 (+0.20)
5 Value Regional Bank Stocks to Buy Now
Swarup Gupta - Zacks Investment Research - Mon Apr 11, 10:39AM CDT
It has been a bad year for bank stocks and it may be the right time to pick up undervalued picks
FRBA: 6.83 (-0.07), FMER: 20.47 (+0.41), MTU: 4.64 (+0.20), NYCB: 15.04 (+0.19), HBAN: 9.09 (+0.24), JPM: 63.35 (+1.08), SBBX: 13.66 (+0.11), AF: 15.27 (+0.17), C: 43.34 (+1.05), FBP: 4.33 (+0.05), BAC: 13.55 (+0.34), NRIM: 28.45 (unch), FNBC: 19.00 (+0.49), MS: 27.34 (+0.88)
MUFG Strengthens International Securities Business Team
PR Newswire - Fri Apr 08, 10:47AM CDT
MUFG announced it has strengthened its international institutional sales team with the appointment of Paul Lavelle as International Head of Institutional Client Group.
MTU: 4.64 (+0.20)