Tokyo / Reuters Japan’s biggest bank, Mitsubishi UFJ Financial Group (MUFG), is on the lookout for acquisition opportunities in the US and Indonesia as it pursues its goal of becoming a global financial powerhouse, the head of its core unit said. “As a global commercial bank, the US and Asia are our base,” said Bank of Tokyo-Mitsubishi UFJ (BTMU) president ...

Bloomberg More bankers working at foreign firms in Japan expect their salaries will increase this year, despite their outlook for a weakening economy, volatile financial markets and a stronger yen, according to a survey by Morgan McKinley. About 58 percent of respondents received an indication from their employers that their base salary will rise in 2016, compared with 42 percent ...

Bloomberg For Europe’s banks, rising capital requirements represent a huge cost. But for one Swedish firm, the post-crisis world order is proving a goldmine. Hoist Finance, which helps international banks restructure debt by acquiring or managing non-performing unsecured consumer loans, anticipates stricter capital demands will force more banks to shed their problem loans in an effort to remove the costliest ...