Mitsubishi UFJ Financial Group: Best Investment Banking Services Japan 2020
Tokyo-based Mitsubishi UFJ Financial Group (MUFG) is one of the world’s largest bank holding and financial services companies. The group stands tall, with a 360-year history of financial expertise. In 2018, it embarked upon a structural reform process under the Re-Imagining Strategy to increase its market adaptability and promote sustainable growth. MUFG has detailed how it intends to hone its competitive edge with 11 transformational initiatives; there is an overarching focus on beefing-up digital technologies. The group shows strong corporate citizenship, and is committed to customer service and societal needs. Over the past three years, it has issued green and social bonds worth $2.7bn. Proceeds from its seven green bonds support environmental projects in fields such as renewables and energy efficiency. Its social bond proceeds allow progress in affordable housing, health and education. MUFG has taken an integrated, group-based approach to deliver a range of investment, asset-management, and inheritance services via a network that covers 50 countries. The group has about $2.8tn in assets under management, and implements tight capital control and effective risk governance across its network of commercial, trust and investment banking subsidiaries. The CFI.co judges were unanimous in declaring Mitsubishi UFJ Financial Group as winner of the 2020 award for Best Investment Banking Services (Japan).