MUFG to launch universal bank in the EU, Headquartered in Amsterdam
Amsterdam chosen as home for MUFG’s EU bank
Mitsubishi UFJ Financial Group, Inc. (MUFG) has announced plans to establish a universal banking platform in the European Union, merging MUFG Securities (Europe) N.V. into MUFG Bank (Europe) N.V. The new entity will be headquartered in Amsterdam, strengthening the bank’s presence in Europe and enhancing its corporate and investment banking capabilities.
Headquartered in Tokyo, MUFG is one of the world’s leading financial groups, with over 360 years of history and a network spanning more than 40 countries. The group employs around 150,000 people globally and offers services including commercial and trust banking, securities, credit cards, consumer finance, asset management, and leasing. Its shares are traded on the Tokyo, Nagoya, and New York stock exchanges.
The merger will allow MUFG to offer a more integrated suite of financial services, combining corporate banking, investment banking, and global markets operations under a single platform. The move is part of MUFG’s long-term growth strategy for the Europe, Middle East, and Africa (EMEA) region, building on strong financial performance in recent years.
“The EU is a vital part of MUFG’s global business model,” the company said in a statement. “Establishing a universal bank will expand the range and quality of support we provide to our clients and create a fully integrated platform for our Bank and securities operations.”
The merger is planned for the 2026/27 fiscal year, pending regulatory approvals.
What this means for the Amsterdam Area
Amsterdam, with its strong financial ecosystem, international connectivity, and skilled workforce, will serve as the headquarters for MUFG’s new EU universal bank. The move is expected to create high-skilled jobs and strengthen Amsterdam’s ecosystem for corporate banking, investment services, and financial innovation, further boosting the city’s profile as a centre for international finance.