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MUFG President Junichi Hanzawa Targets Global Top Five Ranking and Mid-Teens Return on Equity

Nikkei Asia ·
JPM
MUFG President Junichi Hanzawa Targets Global Top Five Ranking and Mid-Teens Return on Equity
  • Mitsubishi UFJ Financial Group (MUFG) aims to increase its return on equity (ROE) to the mid-teens over the medium to long term.
  • President Junichi Hanzawa stated the bank intends to become one of the world's five most valuable financial institutions.
  • MUFG is targeting growth in Southeast Asia and implementing digital services for smaller Japanese businesses and consumers.

Quotes

“Mitsubishi UFJ Financial Group aims to lift its return on equity into the mid-teens over the medium to long term, as well as become one of the world's five most valuable banks”— Junichi Hanzawa

Sources