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Tag: U.S. retail banking

Activity, Retail Banking

Japan’s MUFG to exit U.S. retail banking in $8 billion deal with U.S. Bancorp

September 21, 2021

Via: Yahoo

Mitsubishi UFJ Financial Group (MUFG) is pulling back from U.S. retail banking with the $8 billion sale of MUFG Union Bank (MUB) to U.S. Bancorp as digital technology and industry consolidation squeeze out smaller lenders. The deal includes $5.5 billion […]