New MUFG president targets ROE on par with JPMorgan

Hanzawa seeks to lift Japanese bank into top global 5, eyes growth in SE Asia Mitsubishi UFJ Financial Group President Junichi Hanzawa recently spoke with Nikkei about the megabank's plans. (Photo by Hazumu Urushiyama) TOKYO — Mitsubishi UFJ Financial Group aims to lift its return on equity into the mid-teens over the medium to long term, as well as become one of the world's five most valuable banks, President Junichi Hanzawa told Nikkei.

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