All articles tagged with #mufg
JPMorgan and Mitsubishi UFJ Financial Group are close to securing a $22 billion loan to finance a massive 1,200-acre data center campus in Texas for Vantage Data Centers, with additional funding from Silver Lake and DigitalBridge, highlighting the significant investment in AI infrastructure by major tech companies and financial institutions.
Warren Buffett's Berkshire Hathaway has been actively adding to their positions in energy stocks Chevron and Occidental Petroleum, but they also have a confidential stock that they are building a position in without disclosing the details. Clues suggest that the confidential stock is likely Mitsubishi UFJ Financial Group (MUFG), the largest bank by assets in Japan, due to its low forward P/E ratio, modest valuation below book value, and historical ties to Morgan Stanley. This aligns with Buffett's investment strategy and long-term outlook, making MUFG the likely "confidential stock" Warren Buffett has been buying.
The Bank of Japan may end its targeting of long-term interest rates by the end of September if conditions are favorable, according to an executive at MUFG. The central bank's yield curve control aims to fix yields on 10-year Japanese government bonds around zero, allowing moves of up to 50 basis points above or below that level. The BOJ could also lift its negative interest rate policy next fiscal year.