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Bank of Tokyo-Mitsubishi UFJ starts merged operation

TOKYO, Japan - Nobuo Kuroyanagi (L), president of the Bank of Tokyo-Mitsubishi UFJ, Chairman Shigemitsu Miki (C), and Vice President Takamune Okihara cut the tape during a ceremony marking the start of merged operations at the bank's head office in Tokyo on Jan. 4. The bank made its debut on Jan. 1 with the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank.

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(2)Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) Mitsubishi Tokyo Bank Chairman Shigemitsu Miki, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi, UFJ Holdings Inc. President Ryosuke Tamakoshi and UFJ Bank President Takamune Okihara give a joint press conference in Tokyo after signing a memorandum of understanding to launch negotiations with the aim of integrating their operations during the first half of fiscal 2005. The deal will create the world's biggest banking group with total assets of 190 trillion yen, topping the 135 trillion yen of Mizuho Financial Group Inc.

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Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) UFJ Bank President Takamune Okihara, UFJ Holdings President Ryosuke Tamakoshi, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi and Mitsubishi Tokyo Bank Chairman Shigemitsu Miki pose for photos after announcing an agreement on their management integration at a press conference in Tokyo on July 16.

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Mitsubishi Tokyo Financial returns to black in FY 2003

TOKYO, Japan - Shigemitsu Miki (C), president of Mitsubishi Tokyo Financial Group Inc., briefs reporters on the group's earnings report for fiscal 2003 at the head office of the Bank of Japan in Tokyo on May 24.

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MTFG's Miki to give presidency to Kuroyanagi

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki (L) tells a press conference on April 28 he will hand over the presidency to board director Nobuo Kuroyanagi (R) as of June 29.

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Kuroyanagi set to head Bank of Tokyo-Mitsubishi

TOKYO, Japan - The Bank of Tokyo-Mitsubishi plans to promote Vice President Nobuo Kuroyanagi (file photo) to replace President Shigemitsu Miki, who will become chairman, bank sources said Feb. 27.

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MTFG back into black

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki announces at a news conference in Tokyo on Nov. 25 his group has regained profitability on a half-year basis amid the improved business climate for the financial industry. MTFG reported a group net profit of 301.88 billion yen for the April-September period, a turnaround from a year-earlier loss of 188.10 billion yen.

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Bankers assoc. chief hopes for no negative impact from Resona

TOKYO, Japan - Shigemitsu Miki, chairman of the Japanese Bankers Association, tells reporters in Tokyo on May 20 that he hopes the government's decision to inject public funds into Resona Bank will noot adversely affect other banks' efforts to get along on their own.

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Top banker denies need to inject public funds into banks

TOKYO, Japan - Shigemitsu Miki, new chairman of the Japanese Bankers Association, speaks at a press conference in Tokyo on April 22. He came out against calls for injecting public funds into financially weak banks to protect Japan's financial system.

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Top bankers criticize Takenaka's bank policy

TOKYO, Japan - The heads of Japan's four major banking groups criticize Financial Services Minister Heizo Takenaka's bank policy in Diet testimony Dec. 3. The House of Councillors Financial Affairs Committee summoned as unsworn witnesses (from R to L) Terunobu Maeda, president of Mizuho Holdings Inc., Shigemitsu Miki, president of Mitsubishi Tokyo Financial Group Inc., Masashi Teranishi, president of UFJ Bank, and Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc.

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MTFG net loss nearly doubles in fiscal 1st half

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki said in Tokyo on Nov. 25 that his banking group chalked up a consolidated net loss of 188.10 billion yen in the first half of fiscal 2002, nearly double that of 96.83 billion yen a year earlier.

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Top bankers call for careful approach in corporate revival

TOKYO, Nov. 15 Kyodo - Sumitomo Mitsui Banking Corp. President Yoshifumi Nishikawa (standing) testifies to the House of Representatives Financial Affairs Committee in the Diet in Tokyo on Nov. 15. Mizuho Holdings Inc. President Terunobu Maeda sits at Nishikawa's left and UFJ Bank President Masashi Teranishi at Nishikawa's right. At right is Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki.

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Mitsubishi Securities launched as 4th biggest brokerage

TOKYO, Japan - Akio Utsumi (L), president of Mitsubishi Trust and Banking Corp., Nobuo Nakazawa (2nd from L), president of Mitsubishi Securities Co., Masamichi Yamada, chairman of Mitsubishi Securities Co. (2nd from R) and Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi cut a tape at a ceremony to launch Mitsubishi Securities in Tokyo's Marunouchi district on Sept. 2.

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(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

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Mitsubishi group banks name head of holding firm

TOKYO, Japan - File photos show (from L to R) Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi, and Akio Utsumi, president of Mitsubishi Trust & Banking Corp. The two banks and Nippon Trust Bank are due to integrate their operations next April by inaugurating a holding company, Mitsubishi Tokyo Financial Group Inc. Miki has been tentatively named president and Utsumi chairman of the holding company.

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Bank of Tokyo-Mitsubishi UFJ starts merged operation

TOKYO, Japan - Nobuo Kuroyanagi (L), president of the Bank of Tokyo-Mitsubishi UFJ, Chairman Shigemitsu Miki (C), and Vice President Takamune Okihara cut the tape during a ceremony marking the start of merged operations at the bank's head office in Tokyo on Jan. 4. The bank made its debut on Jan. 1 with the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank. (Kyodo)

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MTFG net loss nearly doubles in fiscal 1st half

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki said in Tokyo on Nov. 25 that his banking group chalked up a consolidated net loss of 188.10 billion yen in the first half of fiscal 2002, nearly double that of 96.83 billion yen a year earlier. (Kyodo)

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Bankers assoc. chief hopes for no negative impact from Resona

TOKYO, Japan - Shigemitsu Miki, chairman of the Japanese Bankers Association, tells reporters in Tokyo on May 20 that he hopes the government's decision to inject public funds into Resona Bank will noot adversely affect other banks' efforts to get along on their own.

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(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

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Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) UFJ Bank President Takamune Okihara, UFJ Holdings President Ryosuke Tamakoshi, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi and Mitsubishi Tokyo Bank Chairman Shigemitsu Miki pose for photos after announcing an agreement on their management integration at a press conference in Tokyo on July 16. (Kyodo)

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(2)Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) Mitsubishi Tokyo Bank Chairman Shigemitsu Miki, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi, UFJ Holdings Inc. President Ryosuke Tamakoshi and UFJ Bank President Takamune Okihara give a joint press conference in Tokyo after signing a memorandum of understanding to launch negotiations with the aim of integrating their operations during the first half of fiscal 2005. The deal will create the world's biggest banking group with total assets of 190 trillion yen, topping the 135 trillion yen of Mizuho Financial Group Inc. (Kyodo)

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Mitsubishi Tokyo Financial returns to black in FY 2003

TOKYO, Japan - Shigemitsu Miki (C), president of Mitsubishi Tokyo Financial Group Inc., briefs reporters on the group's earnings report for fiscal 2003 at the head office of the Bank of Japan in Tokyo on May 24. (Kyodo)

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MTFG's Miki to give presidency to Kuroyanagi

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki (L) tells a press conference on April 28 he will hand over the presidency to board director Nobuo Kuroyanagi (R) as of June 29. (Kyodo)

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Kuroyanagi set to head Bank of Tokyo-Mitsubishi

TOKYO, Japan - The Bank of Tokyo-Mitsubishi plans to promote Vice President Nobuo Kuroyanagi (file photo) to replace President Shigemitsu Miki, who will become chairman, bank sources said Feb. 27. (Kyodo)

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MTFG back into black

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki announces at a news conference in Tokyo on Nov. 25 his group has regained profitability on a half-year basis amid the improved business climate for the financial industry. MTFG reported a group net profit of 301.88 billion yen for the April-September period, a turnaround from a year-earlier loss of 188.10 billion yen. (Kyodo)

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Top banker denies need to inject public funds into banks

TOKYO, Japan - Shigemitsu Miki, new chairman of the Japanese Bankers Association, speaks at a press conference in Tokyo on April 22. He came out against calls for injecting public funds into financially weak banks to protect Japan's financial system. (Kyodo)

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Top bankers criticize Takenaka's bank policy

TOKYO, Japan - The heads of Japan's four major banking groups criticize Financial Services Minister Heizo Takenaka's bank policy in Diet testimony Dec. 3. The House of Councillors Financial Affairs Committee summoned as unsworn witnesses (from R to L) Terunobu Maeda, president of Mizuho Holdings Inc., Shigemitsu Miki, president of Mitsubishi Tokyo Financial Group Inc., Masashi Teranishi, president of UFJ Bank, and Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc. (Kyodo)

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Top bankers call for careful approach in corporate revival

TOKYO, Nov. 15 Kyodo - Sumitomo Mitsui Banking Corp. President Yoshifumi Nishikawa (standing) testifies to the House of Representatives Financial Affairs Committee in the Diet in Tokyo on Nov. 15. Mizuho Holdings Inc. President Terunobu Maeda sits at Nishikawa's left and UFJ Bank President Masashi Teranishi at Nishikawa's right. At right is Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki. (Kyodo)

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Mitsubishi Securities launched as 4th biggest brokerage

TOKYO, Japan - Akio Utsumi (L), president of Mitsubishi Trust and Banking Corp., Nobuo Nakazawa (2nd from L), president of Mitsubishi Securities Co., Masamichi Yamada, chairman of Mitsubishi Securities Co. (2nd from R) and Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi cut a tape at a ceremony to launch Mitsubishi Securities in Tokyo's Marunouchi district on Sept. 2. (Kyodo)

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Mitsubishi group banks name head of holding firm

TOKYO, Japan - File photos show (from L to R) Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi, and Akio Utsumi, president of Mitsubishi Trust & Banking Corp. The two banks and Nippon Trust Bank are due to integrate their operations next April by inaugurating a holding company, Mitsubishi Tokyo Financial Group Inc. Miki has been tentatively named president and Utsumi chairman of the holding company.

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Miki to assume Bank of Tokyo-Mitsubishi presidency

TOKYO, April 6 Kyodo - File photo shows Shigemitsu Miki, who was informally named April 6 to succeed Satoru Kishi as president of the Bank of Tokyo-Mitsubishi. Miki is currently vice president of the bank.