Deals
Mitsubishi UFJ Mulls Multi-Billion Dollar U.S. Bank Acquisition
This article is for subscribers only.
Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, is considering spending “several billion” dollars to buy a U.S. regional bank, incoming bank unit President Nobuyuki Hirano said.
The company is searching for targets mainly on the west coast to expand its commercial banking operations, Hirano, who became head of Bank of Tokyo-Mitsubishi UFJ Ltd. on April 1, said in an interview.