TOKYO - Mitsubishi UFJ (NYSE:MUFG) Financial Group, Inc. (MUFG), a leading global financial institution, announced today a significant reorganization of its international securities business. MUFG Bank, Ltd., a part of MUFG, will acquire all shares of its overseas securities subsidiaries currently held by Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), making them direct subsidiaries of the bank. The transition, set for July 1, 2025, is subject to regulatory approvals.
The reorganization aims to enhance decision-making, resource allocation, and business support frameworks, aligning with MUFG's medium-term business plan which includes the evolution of an integrated Global Corporate & Investment Banking (GCIB) and Global Markets business model.
MUFG Bank's move to integrate the management of its international securities business will involve the overseas subsidiaries such as MUFG Securities EMEA plc, MUFG Securities Asia Limited, and MUFG Securities (Canada), Ltd. This restructuring is expected to lead to more agile decision-making, efficient resource deployment, and the establishment of a robust platform for advanced risk management and operations.
Currently, MUFG Securities Americas Inc., which is already a subsidiary of MUFG Bank, and other international securities operations are managed by MUSHD. Post-reorganization, while the capital relationships and management framework will be consolidated under the bank, MUFG intends to continue leveraging MUSHD's expertise in the international securities business. The goal is to maintain synergies between domestic and international securities operations while creating a unified management and business promotion framework.
This strategic move is part of MUFG's broader vision to strengthen its competitive position in the financial market and enhance the value chain of its services. The company plans to complete all necessary legal procedures, including obtaining the required regulatory approvals, well in advance of the July 2025 target date.
MUFG is one of the world's most established financial groups, with a history spanning over 360 years and a presence in more than 40 countries. This reorganization reflects its commitment to adapting its business structure to meet the evolving needs of its clients and the market.
The information in this article is based on a press release statement from MUFG Bank, Ltd.
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