Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, compiled a list of potential acquisition targets in the U.S. as it seeks to expand retail banking operations in the world’s biggest economy.
The bank has spoken with chief executive officers and investment officers from companies on the internal list, said Takashi Morimura, deputy president and group CEO of global banking at lending unit Bank of Tokyo-Mitsubishi UFJ Ltd. The Tokyo-based bank isn’t in discussions with the companies at the moment, he said, declining to name them.