
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 print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com