Banks finally start to spend big on giant batteries
Recognizing the sizable opportunity in batteries, some project finance banks have recently begun supporting battery developments, and others expect to follow soon. ... Read full article
News Topic: Mitsubishi
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Chief of MUFG-Morgan Stanley venture vows to stamp out harassment
Saburo Araki said he's giving a high priority to what he describes as the difficult task of stamping out staff harassment since he took over in April as head of Mitsubishi UFJ Financial Group's brokerage venture with Morgan Stanley. ... Read full article
N.Y. to Bank of Tokyo-Mitsubishi: Your regulator swap’s illegal
The state's banking regulator, Maria Vullo, said in a legal filing that the Tokyo lender's request last year to shift regulators — trading its state license for a federal one — was granted arbitrarily and unlawfully. ... Read full article
Mitsubishi UFJ to make lending push in U.S.
The Japanese firm is expanding its U.S. investment-banking unit to look more like its bigger Wall Street rivals. ... Read full article
‘We’re in production’: Bank execs on the state of play for blockchain
While banks are in various stages of development when it comes to distributed ledger technology, the industry is farther along than many would assume, big-bank technology executives say. ... Read full article
Why U.S. banks may take a back seat in Trump’s infrastructure push
Post-crisis financial rules have made the business of project lending less profitable for commercial banks. Foreign competitors have stepped in to fill the void, but U.S. banks can carve out a niche as bond offering managers and financial advisers. ... Read full article