mergers and acquisitions

India, US On Japan’s Megabanks Radar As They Seek Strategic Deals And Expansion

Japan’s top three megabanks—Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group—are riding a wave of record profits and excess cash. As they capitalize on divestments and high earnings, these banking giants are aggressively expanding their global footprint, particularly focusing on the US and India....