Mitsubishi UFJ Financial Group Inc. (MUFG) anticipates an increase in revenues within its corporate and investment banking sectors in China as more local firms look to expand beyond their national borders. Understanding the factors driving this growth and the prospects for the near future is crucial.
BBVA $BBVA.MC has announced a significant step forward in the development of sustainable lending, raising its target for financing sustainable enterprises to 700 billion euros over the next five years. This news follows the bank’s creation of a global financial division focused on clean technologies and innovation. BBVA’s initiative clearly demonstrates its commitment to supporting sustainable business growth in a time of increasing environmental and climate-related challenges.
Masahiro Kihara, the CEO of $MFG, has shared ambitious plans for the financial institution over the next three to four years. According to him, the bank aims to achieve a net profit of 1 trillion yen, equivalent to approximately $6.4 billion.