- MUFG Bank (Europe) N.V. and MUFG Securities (Europe) N.V. to merge

MUFG and MUFG Bank, today announced their intention to establish a universal banking platform in the European Union (EU), merging MUFG Securities (Europe) N.V. into MUFG Bank (Europe) N.V.

The universal bank, headquartered in Amsterdam, will enable MUFG to expand the range and quality of support provided to clients, while also enhancing the integration of the Bank and Securities operations to provide a comprehensive range of corporate and investment banking and global markets services.

The EU is a vital part of MUFG's global business model and is central to its long-term growth plans in the Europe, Middle East and Africa region. The plan to establish this universal bank builds on the encouraging financial growth already delivered in the region in recent years.

Pursuant to relevant approvals, the merger is planned for 2026/27 fiscal year.

Hide Yamamura, Regional CEO, MUFG EMEA, said:

“With this next step on our growth journey, we hope to achieve an integrated global business model with a powerful consolidated capital base to drive growth for MUFG in EMEA and across the world. The creation of the EU universal bank will also help us to reduce complexity by simplifying our operations, making it easier for our clients to do business with us while improving our efficiency and resilience."

Harm Bots, Head of EU, MUFG, said:

“This strategic initiative marks a new phase in our European operations and reflects the confidence we have in the outlook for our regional business. Setting up a universal bank in the EU reflects the strong potential we see for future growth based on client demand for our products and services and access to our international footprint."