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MITSUBISHI UFJ FINANCIAL GROUP, INC. (MUFG; 株式会社三菱UFJフィナンシャル・グループ, Kabushiki Gaisha Mitsubishi
Mitsubishi
Yūefujei Finansharu Gurūpu) is a Japanese bank holding / financial services company headquartered in Chiyoda, Tokyo , Japan.

MUFG holds assets of around US$2.459 trillion as of 2016, making it world\'s fourth largest bank by total assets and is one of the main companies of the Mitsubishi Group
Mitsubishi Group
. It is Japan's largest financial group and the world's second largest bank holding company holding around US$1.8 trillion (JPY 148 trillion) in deposits as of March 2011. MUFG is the second largest public company in Japan
Japan
when measured by market capitalization.

CONTENTS

* 1 Background

* 2 History

* 2.1 Mitsubishi
Mitsubishi
Tokyo
Tokyo
Financial Group, Inc. * 2.2 UFJ Holdings, Inc.

* 3 Group companies * 4 Holdings * 5 Major shareholders * 6 See also * 7 References * 8 External links

BACKGROUND

The company was formed on October 1, 2005 with the merger of Tokyo -based Mitsubishi
Mitsubishi
Tokyo
Tokyo
Financial Group (MTFG), and Osaka
Osaka
-based UFJ Holdings.

The core banking units of the group, Bank
Bank
of Tokyo- Mitsubishi
Mitsubishi
and UFJ Bank
Bank
, were merged on January 1, 2006 to form The Bank
Bank
of Tokyo- Mitsubishi
Mitsubishi
UFJ, Ltd. This integration was originally scheduled to take place on October 1, 2005, the same day that the parent companies were merged. However, pressure from Japan's Financial Services Agency , which wanted to ensure the smooth systems integration of the two banking giants, caused the merger of the banks to be postponed for three months. The trust banking and securities units of MTFG and UFJ were merged according to the original schedule on October 1, 2005.

HISTORY

The financial group dates back to 1880 as the Yokohama Specie Bank
Bank
, later renamed to The Bank
Bank
of Tokyo
Tokyo
. Also in 1880, The Mitsubishi Bank, Ltd. was founded by former samurai Yataro Iwasaki. In 1919, the Mitsubishi
Mitsubishi
Bank
Bank
financed the Mitsubishi
Mitsubishi
zaibatsu , most of which is today Mitsubishi
Mitsubishi
Heavy Industries . After the Second World War the Mitsubishi
Mitsubishi
Keiretsu
Keiretsu
was broken up under US imposed laws, and Mitsubishi
Mitsubishi
Bank
Bank
took on greater independence, albeit still central to the financing of the growth of the Mitsubishi
Mitsubishi
group of companies.

In April 1996, The Mitsubishi
Mitsubishi
Bank, Ltd. and The Bank
Bank
of Tokyo, Ltd. merged. The Bank
Bank
of Tokyo
Tokyo
had been set up by the Japanese Government to act as Japan's international bank, and solely responsible for all Yen forex trading. During the Second World War The Bank
Bank
of Tokyo
Tokyo
had controversially been the banker to the Imperial Japanese Army as it expanded through conquest throughout Asia. Its monopolistic position, dominating all Yen forex trades, was eroded over time and eventually ended during the 1990s. However, uniquely in Japan, with no Keiretsu
Keiretsu
, Bank
Bank
of Tokyo
Tokyo
was an ideal partner for Mitsubishi
Mitsubishi
Bank
Bank
, complementing the latter' strong domestic franchise with a unique international footprint. Additionally, during Japans lost decade of economic stagnation, this marriage of two relatively strong banks was seen as a positive step in cleaning up the country's moribund banking sector.

In July 2004, Japan's fourth-largest financial group UFJ Holdings offered to merge with MTFG. The merger of the two bank holding companies was completed on October 1, 2005. UFJ was created from a merger with the Toyo Trust and Banking , a part of the Toyota
Toyota
Motor Corporation. Toyota's chairman sat on the board of the UFJ which became one of the world's largest money losing corporations. UFJ was accused by the government of corruption and making bad loans to the yakuza crime syndicates. The UFJ is one of the largest shareholders of Toyota. The trust banking and securities units of the two groups were merged on the same day. The core banking units of MTFG and UFJ, The Bank
Bank
of Tokyo-Mitsubishi, Ltd. and UFJ Bank
Bank
, respectively, continued to operate separately until January 1, 2006, when they were merged to form The Bank
Bank
of Tokyo- Mitsubishi
Mitsubishi
UFJ, Ltd. .

In September 2008, MUFG signed a letter of intent with Morgan Stanley to form an alliance and purchase 20% of the American firm.

In 2008 at the 2008 ALB Japan
Japan
Law Awards, Mitsubishi
Mitsubishi
UFJ was crowned:

* In-House of the Year – Japan
Japan
Investment
Investment
Bank
Bank
In-House Team of the Year * Deal of the Year – Debt Market Deal of the Year

In April 2011, MUFG and Morgan Stanley entered into an agreement to convert MUFG's outstanding convertible preferred stock in Morgan Stanley into Morgan Stanley stock.

MITSUBISHI TOKYO FINANCIAL GROUP, INC.

MTFG Plaza is an office building of the Mitsubishi
Mitsubishi
Tokyo Financial Group.

MITSUBISHI TOKYO FINANCIAL GROUP, INC. (MTFG; 株式会社三菱東京フィナンシャル・グループ, Kabushiki kaisha mitsubishi tōkyō finansharu gurūpu) was one of Japan's largest banks ranked by assets (an estimated US$1 trillion), second only to Mizuho Holdings . On October 1, 2005, MTFG completed the acquisition of UFJ Holdings
UFJ Holdings
, Japan's fourth largest banking group, to form the Mitsubishi
Mitsubishi
UFJ Financial Group (MUFG), the world's largest bank ranked by assets with ¥190 trillion (approximately $1.7 trillion).

MTFG was widely considered financially the strongest of Japan's large banks, with non-performing loans down to 2.9% of assets.

UFJ HOLDINGS, INC.

UFJ HOLDINGS, INC. (株式会社UFJホールディングス, UFJ; Kabushiki kaisha yūefujei hōrudingusu) was the weakest among the three major banking groups in Japan. "UFJ" is an abbreviation of "United Financial of Japan", was formed from a merger of Sanwa Bank and Tokai Bank
Bank
with the Toyo Trust & Banking Co. Ltd, a part of the Toyota
Toyota
Motor Corporation. At the time, it was one of the largest shareholders of Toyota. The Chairman of Toyota
Toyota
was a director on its board during the financial scandals and indictments of three UFJ executives. The banking crisis led to its merger, after being one of the world's greatest losing corporations, on October 1, 2005, with the Mitsubishi
Mitsubishi
Tokyo
Tokyo
Financial Group to form the Mitsubishi
Mitsubishi
UFJ Financial Group.

Formed April 1, 2001, with the merger of Sanwa Bank
Bank
, Tokai Bank
Bank
, and Toyo Trust and Banking .

In July 2004, UFJ announced plans to merge with the Mitsubishi
Mitsubishi
Tokyo Financial Group . The merger was completed on October 1, 2005, creating the Mitsubishi
Mitsubishi
UFJ Financial Group, the world's second biggest bank by assets at $1.7 trillion, trailing behind Citigroup with $2.4 trillion in assets.

In June 2011, MUFG took a 9.99 percent stake in Lynas Corp, the Australian rare earths developer.

GROUP COMPANIES

(as of January 1, 2006)

* The Bank
Bank
of Tokyo- Mitsubishi
Mitsubishi
UFJ, Ltd. * Mitsubishi
Mitsubishi
UFJ NICOS Co., Ltd. , a credit card issuer, formed through the merger of UFJ Card Co., Ltd., Nippon Shinpan Company Limited, UFJ Nicos Co., Ltd., DC Card Co., Ltd. and Kyodo Credit Service Co., Ltd. * Mitsubishi UFJ Trust and Banking Corporation * Mitsubishi UFJ Securities
Mitsubishi UFJ Securities
Co., Ltd. * Mitsubishi UFJ Securities
Mitsubishi UFJ Securities
International plc , (UK ) * Mitsubishi
Mitsubishi
UFJ Information Technology * Mitsubishi
Mitsubishi
Americas Holdings Corporation or MUAH , holding company of MUFG Union Bank, NA as of July 1, 2014 * The Senshu Bank, Ltd. * UFJ Credit Co., Ltd. * Toyo Hosho Services Co., Ltd. * UFJ Strategic Partner Co., Ltd. * UFJ Equity Investments Co., Ltd. * UFJ Trust Equity Co., Ltd. * NBL Co., Ltd. * UFJ Business Finance Co., Ltd. * Toyo Trust Total Finance Co., Ltd. * MU Investment
Investment
Co., Ltd. * Mitsubishi
Mitsubishi
UFJ Asset Management Co., Ltd. * Mitsubishi
Mitsubishi
UFJ Research and Consulting * UFIT Co., Ltd. * UFJ Capital Co., Ltd. * UFJ Institute Ltd. * UFJ Bank
Bank
Canada , (Canada) * UFJ Bank
Bank
Nederland N.V. , ( Netherlands
Netherlands
) * Sanwa Capital Finance 1 Limited , ( Cayman Islands ) * Sanwa Capital Finance 2 Limited , (Cayman Islands) * UFJ Capital Finance 1 Limited , (Cayman Islands) * UFJ Capital Finance 2 Limited , (Cayman Islands) * UFJ Capital Finance 3 Limited , (Cayman Islands) * UFJ Capital Finance 4 Limited , (Cayman Islands) * UFJ Preferred Capital 1 Limited , (Cayman Islands) * Tokai Preferred Capital Holdings Inc. , (United States) * Tokai Preferred Capital Company L.L.C. , (United States) * UFJ Finance Aruba
Aruba
A.E.C. , ( Aruba
Aruba
) * Tokai Finance (Curaçao) N.V. , ( Netherlands
Netherlands
Antilles ) * TTB Finance Cayman Limited , (Cayman Islands) * UFJ Investments Asia Limited, (Cayman Islands)

HOLDINGS

* The Chukyo Bank, Ltd. (39.9%) * The Gifu Bank, Ltd. (21.3%) * The Taisho Bank, Ltd. (25.9%) * Central Leasing Co., Ltd. (14%) * The Master Trust Bank
Bank
of Japan, Ltd. (46.5%) * Mobit Co., Ltd. (50%) * Mborder:solid #aaa 1px">

* Tokyo
Tokyo
portal * Companies portal

* Loans in Japan
Japan

REFERENCES

* ^ A B C D E F "US. SEC Annual Report (Form 20-F)" (PDF). May 2013. Retrieved October 14, 2013. * ^ https://www.forbes.com/companies/mitsubishi-ufj-financial/ * ^ "About MUFG." Mitsubishi
Mitsubishi
UFJ Financial Group. Retrieved on December 7, 2009. * ^ About MUFG > Company Overview : Mitsubishi
Mitsubishi
UFJ Financial Group * ^ "Historical market caps of the largest Japanese companies". Retrieved 1 April 2015. * ^ Press Release. Morgan Stanley (2008-09-22). Retrieved on 2013-08-23. * ^ http://www.legalbusinessonline.com.au * ^ " Mitsubishi
Mitsubishi
UFJ Financial Group And Morgan Stanley Announce Agreement To Convert Morgan Stanley Convertible Preferred Stock To Common Stock – TheStreet". thestreet.com. 2011. Retrieved July 19, 2011. * ^ " Mitsubishi
Mitsubishi
UFJ buys 10% of Australia\'s Lynas – MarketWatch". marketwatch.com. 2011. Retrieved July 19, 2011. * ^ " Mitsubishi
Mitsubishi
UFJ to Buy Stake in Vietin Bank
Bank
for $743 Million". Bloomberg. December 27, 2012. Retrieved December 27, 2012.

EXTERNAL LINKS

* Mitsubishi
Mitsubishi
UFJ Financial Group website—(in Japanese) * Mitsubishi
Mitsubishi
UFJ Financial Group