MTU.N Mitsubishi Tokyo Financial Group ADS

MUFG Congratulates Clients Petróleos Mexicanos, Organización Soriana, New International Airport of Mexico City For Capturing 2016 LatinFinance Awards

Mitsubishi UFJ Financial Group, Inc. (MUFG) today extended congratulations to clients Petróleos Mexicanos (Pemex) for being named 2016 Corporate Issuer of the Year by LatinFinance magazine, and to Organización Soriana and New International Airport of Mexico City for combining to win three of the publication’s prestigious Deals of the Year honors.

MUFG, one of the world’s leading financial institutions, provided financing to these clients recognized by LatinFinance in the following categories:

  • Corporate Issuer of the Year: Pemex
  • Financing Innovation of the Year: Organización Soriana
  • Syndicated Loan of the Year: New International Airport of Mexico City
  • Structured Financing of the Year: New International Airport of Mexico City

“We are immensely proud of the success of our clients and humbled by their decision to work with us,” says Mark Petrinovic, MUFG’s Head of Latin America Corporate Banking. “We congratulate each of them on their awards and look forward to assisting them in the future.”

LatinFinance’s annual awards acknowledge the region’s most impressive institutions and transactions in areas critical to Latin America’s economic progress.

About MUFG Americas Holdings Corporation

Headquartered in New York, MUFG Americas Holdings Corporation is a financial holding company and bank holding company with total assets of $151.1 billion at September 30, 2016. Its main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. As of September 30, 2016, MUFG Union Bank, N.A. operated 366 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as two international offices. MUFG Securities America Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, private placements, collateralized financings, securities borrow and loan transactions, and domestic and foreign debt and equities securities transactions. MUFG Americas Holdings Corporation is owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Mitsubishi UFJ Financial Group, Inc., one of the world’s leading financial groups. The Bank of Tokyo-Mitsubishi UFJ, Ltd. is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. Visit www.unionbank.com or www.mufgamericas.com for more information.

About MUFG (Mitsubishi UFJ Financial Group, Inc.)

MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the world's leading financial groups, with total assets of approximately $2.9 trillion (USD)1 as of September 30, 2016. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with more than 2,200 offices in nearly 50 countries. The Group has more than 140,000 employees and about 300 entities, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan's largest securities firms. Through close partnerships among our operating companies, the Group aims to "be the world's most trusted financial group," flexibly responding to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York (MTU) stock exchanges. Visit www.mufg.jp/english/index.html.

1 Exchange rate of 1 USD=¥101.12 (JPY) as of September 30, 2016

EN
17/01/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Mitsubishi Tokyo Financial Group ADS

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Breakout Brewing? With the 3200-3230 support level holding strong on the S&P 500, we remain constructive over the intermediate-term as outlined in our 11/3/20 Compass. Considering current market dynamics we see eventual decisive breakouts as the most likely outcome for the major averages, which justifies our positive outlook. At the same time, with the S&P 500, Russell 2000, and Nasdaq 100 climbing 7-12% in just over a week and all three testing logical resistance, we believe there is potential...

Michael Makdad
  • Michael Makdad

Morningstar | 2019 DFAST Results Better Than Last Year, and We Expect ...

The U.S. Federal Reserve released the 2019 results from the Dodd-Frank Act stress tests, or DFAST, that serve to inform regulators, financial markets, and the general public how institutions' capital would withstand a hypothetical set of adverse economic conditions. All 18 of the banks subject to the stress tests this year performed adequately on the most commonly watched measure, the common equity Tier 1 capital ratio. Results were better than last year, with lower average loss rates, better av...

Michael Makdad
  • Michael Makdad

2019 DFAST Results Better Than Last Year, and We Expect No Capital Ret...

The U.S. Federal Reserve released the 2019 results from the Dodd-Frank Act stress tests, or DFAST, that serve to inform regulators, financial markets, and the general public how institutions' capital would withstand a hypothetical set of adverse economic conditions. All 18 of the banks subject to the stress tests this year performed adequately on the most commonly watched measure, the common equity Tier 1 capital ratio. Results were better than last year, with lower average loss rates, better av...

Michael Makdad
  • Michael Makdad

Morningstar | MUFG's Level of Urgency on Cost Reductions Leaves Someth...

Mitsubishi UFJ Financial Group held a briefing for analysts and investors on May 20 to discuss its results for the year ended March. It was Kanetsugu Mike’s first appearance as chief executive of the group since he succeeded chairman Nobuyuki Hirano as CEO in April. We came away with a slightly negative impression as the group seems to lack sufficient urgency about cost reductions, in our view, despite the fact that its consolidated expense ratio rose more than 3 percentage points in the just-...

Michael Makdad
  • Michael Makdad

Morningstar | Mitsubishi UFJ Financial Group Company Report

Mitsubishi UFJ Financial Group is Japan’s largest bank, with an 8.8% share of domestic loans and 11.2% of deposits as of December 2018. In Japan, the environment for banks has been tough for years, and we expect it to remain so. The long-running deflationary environment in the country has led to persistently low demand for loans, with the loan/deposit ratio having declined from 83% in 2000 to around 58% at present. The liabilities/net assets ratio for Japan’s approximately 1 million business...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch