TOKYO–(BUSINESS WIRE)–Mitsubishi UFJ Financial Group, Inc. (MUFG) announced the functional
realignment of its group subsidiaries in its press release titled
Functional Realignment of Group Subsidiaries issued on May 15, 2017
(the May 15 Press Release).
To implement the functional realignment, Mitsubishi UFJ Trust and
Banking Corporation (the Trust Bank) and The Bank of Tokyo-Mitsubishi
UFJ, Ltd. (the Commercial Bank) today entered into an absorption-type
corporate split agreement to transfer the Trust Banks domestic
corporate loan-related businesses(*) to the Commercial Bank (the
absorption-type corporate split pursuant to such agreement, the
…
Read the full article at: http://www.businesswire.com/news/home/20171031005650/en/Bank-Tokyo-Mitsubishi-UFJ-Ltd.-Announces-Corporate-Split