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 …