Mitsubishi UFJ Financial Group (MUFG) is looking to co-operate with regional banks in China, as well as hire more risk and compliance staff. The bank is navigating the country’s tighter regulatory environment. The bank didn’t give any details on prospective partners nor existing co-operation agreements.
- MUFG is interested in investing in Indonesia. Earlier this month, Indonesia’s FSA Advises MUFG to Merge Danamon With Local Unit.