Company
MUFG Bank is Japan's largest bank by assets, part of Mitsubishi UFJ Financial Group, offering retail, corporate and investment banking services globally.
Japan's FSA cleared a fourth stablecoin pilot, letting four banks, TradeWaltz and NTT Data pay exporters for receivables in a bank-issued coin. Only the exporter's sale of the receivable to its bank is in scope, so collection from the importer stays on letters of credit and paper.
Reality
Twenty-one institutions have set a first-half-2027 date for a jointly issued dollar token. The float arithmetic points to a different motive: defending settlement flows, not earning on reserves.
Perspective Coverage
5 publishersReality
BlackRock plans to buy into the PHP 92.3 billion listing of GCash's parent, Bloomberg reported, and the Philippine SEC has cleared Mynt to get there selling only 12 percent of itself at PHP 10 a share.
Reality
Japan's largest life insurer wants 2 trillion yen of project finance on the books by fiscal 2035, double last year's overseas total. The reason to lend dollars out of a yen book is a spread above two points.
Reality
Totan Research puts a Bank of Japan hike at 93%, which turns the repricing of yen-funded AI positions from a threat into a date, and the 176 basis points between Tokyo and Washington is what the trade has to cover.
Reality
Seniority pay is being carved up rather than scrapped, with ring-fenced schemes at SOMPO, MUFG and Fujitsu. The cost shows up in salary lines and in 35% search fees.
Reality