Our HistoryOur History

Over 350 years of financial expertiseOver 350 years of financial expertise

Established in 2005, MUFG is the culmination of the merger and integration of several financial institutions in Japan, with a history going back over 350 years. Applying this long financial experience while continuously evolving, MUFG has always worked on building long-term relationships with customers and giving back to local communities, contributing to the development of a sustainable society.

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  • 1956
    1656
    Shinroku Konoike established the Konoike Money Exchange Bureau, predecessor of the Konoike Bank, and one of three local banks that merged to form Sanwa Bank in 1933.

    Shinroku Konoike established the Konoike Money Exchange Bureau, predecessor of the Konoike Bank, and one of three local banks that merged to form Sanwa Bank in 1933.

  • 1880
    1880
    Yataro Iwasaki established Mitsubishi Exchange House, predecessor of Mitsubishi Bank.(Source: The Mitsubishi Archives)

    Yataro Iwasaki established Mitsubishi Exchange House, predecessor of Mitsubishi Bank.
    (Source: The Mitsubishi Archives)

    Yokohama Specie Bank, a predecessor of the Bank of Tokyo, opened for business in Japan and New York, followed by London in 1881.

    Yokohama Specie Bank, a predecessor of the Bank of Tokyo, opened for business in Japan and New York, followed by London in 1881.
    (Source: Kanagawa Prefectural Museum of Cultural History)

  • 1920
    1920
    Mitsubishi Bank prospered during the tumultuous industrialization of the early twentieth century and opened a number of international offices, including London and New York in 1920.

    Mitsubishi Bank prospered during the tumultuous industrialization of the early twentieth century and opened a number of international offices, including London and New York in 1920.

  • 1941
    1941
    Nagoya-based Tokai Bank was formed by the merger of three local banks that were all originally established in the 1880s.

    Nagoya-based Tokai Bank was formed by the merger of three local banks that were all originally established in the 1880s.

  • 1953
    1953
    Sanwa was a leader in expanding banking services to the general public, including individual consumers and small businesses. To serve Japanese exporters, the bank opened its first international branch, in San Francisco, in 1953.

    Sanwa was a leader in expanding banking services to the general public, including individual consumers and small businesses. To serve Japanese exporters, the bank opened its first international branch, in San Francisco, in 1953.

  • 1963
    1963
    Tokai opened its first overseas branch, in London, in 1963, and in 1965 upgraded its New York office to a branch.

    Tokai opened its first overseas branch, in London, in 1963, and in 1965 upgraded its New York office to a branch.

  • 2005
    2005
    Creation of Mitsubishi UFJ Financial Group (MUFG) through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings.

    Creation of Mitsubishi UFJ Financial Group (MUFG) through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings.

  • 2006
    2006

    Bank of Tokyo-Mitsubishi UFJ formed in 2006 through a merger of what were originally four banks: Mitsubishi Bank, Bank of Tokyo, Sanwa Bank, and Tokai Bank.

  • 2008
    2008
    Strategic alliance with Morgan Stanley is Established.

    Strategic alliance with Morgan Stanley is Established.

    Union Bank of California shortens its name to Union Bank and becomes a wholly owned subsidiary of Bank of Tokyo-Mitsubishi UFJ.

  • 2010
    2010

    Mitsubishi UFJ Morgan Stanley Securities formed through the integration of Mitsubishi UFJ Securities and Morgan Stanley Japan Securities.

  • 2011
    2011
    Acquisition of a portfolio of project finance assets from The Royal Bank of Scotland Group plc (RBS).

    Acquisition of a portfolio of project finance assets from The Royal Bank of Scotland Group plc (RBS).

  • 2013
    2013

    Mitsubishi UFJ Morgan Stanley Securities formed through the integration of Mitsubishi UFJ Securities and Morgan Stanley Japan Securities.

    Bank of Tokyo-Mitsubishi UFJ acquires 75% ownership of Bank of Ayudhya Public Company Limited in Thailand.

  • 2014
    2014
    U.S. business operations of Bank of Tokyo-Mitsubishi UFJ integrated with Union Bank N.A. and renamed the MUFG Union Bank, N.A

    U.S. business operations of Bank of Tokyo-Mitsubishi UFJ integrated with Union Bank N.A. and renamed the MUFG Union Bank, N.A

    New MUFG brand is launched.

    New MUFG brand is launched.

  • 2015
    2015
    The Bangkok Branch of Bank of Tokyo-Mitsubishi UFJ integrated with the Bank of Ayudhya (Krungsri).

    The Bangkok Branch of Bank of Tokyo-Mitsubishi UFJ integrated with the Bank of Ayudhya (Krungsri).

    Mitsubishi UFJ Kokusai Asset Management Co., Ltd. formed in a merger to create the core asset management firm within MUFG.

  • 2016
    2016
    Bank of Tokyo-Mitsubishi UFJ formed a capital and business alliance with Security Bank in the Philippines, with Bank of Tokyo-Mitsubishi UFJ acquiring a 20% equity stake.

    Bank of Tokyo-Mitsubishi UFJ formed a capital and business alliance with Security Bank in the Philippines, with Bank of Tokyo-Mitsubishi UFJ acquiring a 20% equity stake.

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