TSE:8306Banks
Is Mitsubishi UFJ (TSE:8306) Using Primary Dealer Status To Quietly Redefine Its Global Ambitions?
Mitsubishi UFJ Financial Group recently announced that its U.S. broker-dealer, MUFG Securities Americas, has been designated a Primary Dealer by the Federal Reserve Bank of New York, enabling it to transact directly in open market operations and support U.S. Treasury auctions while supplying market intelligence.
This move, alongside plans for a sizable stake in India’s Shriram Finance and expansion of its alternatives-focused trust banking program, highlights a push to broaden revenue...