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MUFG Bank to Scrap 80 More Outlets

MUFG Bank to Scrap 80 More Outlets

   Tokyo, May 20 (Jiji Press)--Mitsubishi UFJ Financial Group Inc. <8306> President Kanetsugu Mike said Monday that core unit MUFG Bank will scrap about 80 more branches in Japan in a bid to cut costs further and improve earnings.
   He showed the plan at a meeting with investors. Previously, the bank planned to reduce the number of its domestic branches by some 100 from 500 by fiscal 2023.

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