Japan's MUFG targets American securitization business, plans to increase staff numbers.

An executive of Mitsubishi UFJ Financial Group, Japan's largest bank group, stated in an interview that the group plans to expand its securitization business globally, with a focus on North America, and will increase the number of employees in this area by about 25%. MUFG has already entered the market with securitized products backed by assets such as credit card receivables and auto loans. However, these products often have high liquidity and face competition from many competitors, impacting profit margins. The bank plans to target non-traditional asset categories such as airplanes and data centers to achieve business diversification and increase profitability. Fumitaka Nakahama, head of MUFG's global corporate and investment banking group, said, "We are launching securitized products such as CLOs, targeting assets formed through project financing, especially data centers."