Japan’s biggest lender is considering acquiring a bank in Indonesia, the Philippines or India that has expertise in consumer banking, said Go Watanabe, chief executive officer (CEO) of the main lending unit’s Asia-Oceania arm.
“We’re looking for a bank that is very strong in both corporate and retail consumer finance” akin to Bangkok-based Bank of Ayudhya Pcl, Watanabe, 56, said in an interview on Monday in Singapore. The company ideally wants a majority stake in a “relatively big-sized bank,” he said.
http://www.livemint.com/Companies/FPjcwC2T76bejcvaoPJK2M/Mitsubishi-UFJ-considers-buying-Asian-bank-similar-to-Thai-u.html
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