Mitsubishi UFJ to Set Up Online Bank in FY 2026

   Tokyo, May 7 (Jiji Press)--Mitsubishi UFJ Financial Group Inc. will set up an online bank in fiscal 2026, which ends in March 2027, it was learned Wednesday.
   Amid intensifying competition in the banking sector for taking deposits as lending resources following the return of "a world with interest rates," the major Japanese financial group aims to lure younger customers heavily relying on smartphones, people familiar with the matter said.

(2025/05/07-14:01)