Page 2 - Mufg News Today

The two sides are seeking to reach an agreement in about a month, the people said, asking not to be identified discussing private information. MUFG has been working on the purchase of a 20% stake in HDB Financial Services, Bloomberg News reported on April 12.

Bank of Tokyo-Mitsubishi UFJ (MUFG) is set to buy a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion. The decision is expected to take place next week at the HDFC Bank board meeting. The deal is expected to be among the largest deals in the shadow banking space in India. HDFC Bank owns 95% of the shadow bank, while employees own 5% as ESOPs.

HDFC Banks stock reacts to MUFGs 20% stake purchase in HDB Financial Services at $9-10 billion valuation pre-IPO.

TOKYO -- Mitsubishi UFJ Financial Group seeks to invest in an Indian nonbank lender affiliated with top local lender HDFC Bank, aiming to ca

/PRNewswire/ -- MUFG Investor Services U.S., the U.S. asset servicing arm of Mitsubishi UFJ Financial Group, today announced the launch of its professional...

O Shaughnessy Asset Management LLC lifted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 22.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 496,775 shares of the company’s stock after acquiring an additional 90,129 shares during the quarter. O […]

Envestnet Asset Management Inc. raised its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 28.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,664,275 shares of the company’s stock after acquiring an additional 806,728 shares during the […]

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $9.91 and last traded at $9.87, with a volume of 589591 shares traded. The stock had previously closed at $9.62. Mitsubishi UFJ Financial Group Stock Up 2.6 % The […]

Greenleaf Trust boosted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,666 shares of the company’s stock after purchasing an additional 1,278 shares during the period. Greenleaf […]

TOKYO -- Mitsubishi UFJ Financial Group will invest 15 billion yen ($100 million) in WealthNavi, Japan's largest robo-adviser platform, and offer a se