MUFG Releases 2020 Corporate Social Responsibility Report
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LOS ANGELES, May 27, 2021 /PRNewswire/ MUFG, a global financial group, today announced the release of its 2020 Corporate Social Responsibility Report, Resiliency and Progress: Corporate Social Responsibility in 2020, which details the company s efforts over its past fiscal year in environmental stewardship, community reinvestment, colleague support, and advancing racial equity. Following the unprecedented events of the pandemic year, the company is honored to recognize the hard work of its employees in continuing to put the needs of their communities at the heart of their work.
The report includes efforts of MUFG throughout the Americas and highlights the initiatives of its retail operation, Union Bank, from April 2020 through March 2021. In June 2020, Union Bank established its Community Recovery Program, a $10 million initiative aimed at addressing social and ra
Japan s top bank MUFG beats profit view, forecasts lower credit costs Toggle share menu
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Japan s top bank MUFG beats profit view, forecasts lower credit costs Japan s top lender Mitsubishi UFJ Financial Group Inc (MUFG) posted on Monday a 47.1per cent rise in full-year net profit, after last year s earnings were hit by an impairment charge on its units in Southeast Asia.
FILE PHOTO: A signboard of MUFG Bank is seen in Tokyo, Japan April 3, 2018. REUTERS/Toru Hanai
17 May 2021 03:40PM (Updated:
17 May 2021 03:55PM) Share this content
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TOKYO -Japan s top lender Mitsubishi UFJ Financial Group Inc (MUFG) posted on Monday a better-than-expected 47per cent rise in full-year net profit, after last year s earnings were hit by an impairment charge on its units in Southeast Asia.
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First Sentier Investors has launched a private debt strategy focusing on loans in the renewable energy sector.
Supported by MUFG Bank, which had experience in project finance and debt capital markets for sustainability-linked financing, the initiative was part of a broad strategy by First Sentier around environmental, social and governance (ESG).
The strategy would be led by head of fixed income, short-term investments and global credit, Tony Togher, and the firm said there was already a “strong pipeline of opportunities”. It meant First Sentier would be able to offer investors a diversified portfolio of ESG/sustainability-linked loan assets beyond the traditional bank market.