M'bishi UFJ, KDDI to End Joint Ownership of Online Arms

   Tokyo, Oct. 19 (Jiji Press)--Japan's Mitsubishi UFJ Financial Group Inc. and KDDI Corp. will end their joint ownership of online securities and banking arms within fiscal 2024 at the earliest, it was learned Saturday.
   Mitsubishi UFJ hopes to fully own online brokerage au Kabucom Securities Co., while telecommunications carrier KDDI aims to make online lender au Jibun Bank a wholly owned subsidiary, sources said.

(2024/10/19-21:26)