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Category MUFG

Banks bet big on Oracle’s cloud future with $38B data center financing

Banks bet big on Oracle’s cloud future with $38B data center financing

JPMorgan Chase and Mitsubishi UFJ Financial Group plan to invest $38 billion to finance data centers connected to Oracle.
JPMorgan and Mitsubishi are negotiating a $22 billion loan to finance an AI data center

JPMorgan and Mitsubishi are negotiating a $22 billion loan to finance an AI data center

JPMorgan Chase and Mitsubishi UFJ Financial Group (MUFG) are reportedly getting ready to close a financing deal worth $22 billion to support Vantag...
MUFG acquires $681M Osaka real estate to push tokenization in Japanese markets

MUFG acquires $681M Osaka real estate to push tokenization in Japanese markets

MUFG, through its trust banking unit, just dropped over ¥100 billion ($681 million) on a high-rise building in Osaka City. According to The Nikkei,...
US Treasury Accused of Spying on Americans’ Private Bank Transactions in Secret Surveillance Program As Secretary Yellen Confirms ‘Communications Took Place’

US Treasury Accused of Spying on Americans’ Private Bank Transactions in Secret Surveillance Program As Secretary Yellen Confirms ‘Communications Took Place’

US Treasury Secretary Janet Yellen is responding to accusations that the US government and more than a dozen financial institutions have teamed up ...
Japan: Binance to Launch Dollar, Yen, Euro Stablecoins in 2024

Japan: Binance to Launch Dollar, Yen, Euro Stablecoins in 2024

Binance is looking to launch stablecoins denominated in three major currencies, i.e., the dollar, euro, and yen, in…