FX Markets

UFJ merges Tuesday

NEWS

TOKYO -- Japanese banks Sanwa Bank, Tokai Bank and Toyo Trust & Banking merge operations to form UFJ Group on Tuesday (January 15). Sanwa Bank and Tokai Bank will then be known as UFJ Bank, while Toyo Trust and Banking, which has only a small FX presence, becomes UFJ Trust Bank.

The merger comes nine months after the banks first formed joint holding company, UFJ Holdings, on April 1 2001.

In December, the banks announced a 36% rise in joint gross operating profit for the first six months of 2002

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: