Bloomberg Mitsubishi UFJ Financial Group Inc. agreed to buy DZ Bank’s aviation finance division in one of its biggest acquisitions since it was created in 2005. The assets MUFG bought from Germany’s second-largest bank, held by its subsidiary DVB Bank, include a loan portfolio of 5.6 billion euros ($6.4 billion) as well as the unit’s employees and “parts of the ...

Bloomberg South Korea’s central bank left its key interest rate unchanged as the outlook for Asia’s fourth-largest economy weakens amid falling exports, soft jobs growth and waning inflation. The Bank of Korea kept the seven-day repurchase rate at 1.75 percent, as forecast by all 26 analysts surveyed by Bloomberg. Most economists expect the BOK to leave borrowing costs where they ...

Bloomberg JPMorgan Chase & Co. is considering setting up a private bank in China as new regulations give foreign firms a better chance to compete with local players in the world’s second-biggest pool of wealthy people. The New York-based bank is doing a “feasibility study” on China’s onshore wealth business as part of broader plans to expand in the nation, ...