TOKYO -- Mitsubishi UFJ Financial Group will reduce branches of its flagship MUFG Bank by 35% by fiscal 2023 as it pours more resources into structural reforms and an overseas push.
Companies
MUFG Bank to close 35% of Japan branches
Megabank adds more to chopping block as it scales back self-service outlets
Mitsubishi UFJ Financial Group, one of Japan's three megabanks, is diverting more resources into new growth areas. © Reuters
Read Next
Latest on Companies
