How it started
History
MUFG was formed by three successive mergers in a sequence that lasted less than a decade, respectively between Bank of Tokyo and Mitsubishi Bank in 1996, between Sanwa Bank, Tokai Bank and Toyo Trust and Banking in 2000–2002, and between the two resulting entities in 2005. The institutions involved in these mergers combined multiple threads of Japanese financial history, going back to the early Meiji era. MUFG incorporates several of the National Banks in Meiji Japan, which were numbered in accordance with their chronological date of establishment between 1873 and 1880:
the 8th National Bank, est. 1877 in Toyohashi, merged 1886 into the 134th National Bank;
the 11th National Bank, est. 1877 in Nagoya, merged 1896 with the 134th National Bank to form Aichi Bank, a predecessor of Tokai Bank;
the 13th National Bank, est. 1877 in Osaka, renamed the Konoike Bank in 1897, a predecessor of Sanwa Bank;
the 25th National Bank, est. 1877 in Obama, Fukui, merged 1927–1928 with Tsuruga Bank then 1938 into Owada Bank, another predecessor of Sanwa Bank;
From Wikipedia’s article on Mitsubishi UFJ Financial Group, shared under CC BY-SA 4.0.3
