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The Bank of Tokyo, Ltd. (株式会社東京銀行, Kabushiki gaisha Tōkyō Ginkō, BOT) was a Japanese foreign exchange bank that operated from 1946 to 1996. In January 1996, it merged with Mitsubishi Bank to form The Bank of Tokyo-Mitsubishi (now MUFG Bank). Its headquarters was in the Nihonbashi district of Tokyo, adjacent to the Bank of Japan.
Mitsubishi UFJ Financial Group (2005) / The Bank of Tokyo-Mitsubishi UFJ (2006) Mitsubishi Tokyo Financial Group (2001) / The Bank of Tokyo-Mitsubishi (1996) The Bank of Tokyo; Mitsubishi Bank; UFJ Holdings / UFJ Bank (2002) Sanwa Bank (1933) Sanjūyon Bank; Yamaguchi Bank; Kōnoike Bank; Tōkai Bank (1941) Aichi Bank; Nagoya Bank; Itō Bank
In 2010, she was appointed chief of the Takamatsu branch, becoming the first woman branch chief at the bank. [6] [7] From 2016 to 2018 she was the general manager of the Bank of Japan's Chief Representative Office for Europe located in the City of London. [1] [8] In May 2020 she started a four-year term as executive director at the bank.
Mitsubishi Bank and the Bank of Tokyo merged in 1996 to form the Bank of Tokyo-Mitsubishi, which at that point was the world's largest bank in terms of total assets. [10] The Bank of Tokyo had historically focused on foreign exchange business since its foundation as the Yokohama Specie Bank in 1880, while Mitsubishi Bank had had a stronger focus on domestic corporate and retail banking.
The bank was first named Bank of Tokyo Mitsubishi UFJ, initialed as BTMU, before rebranding as MUFG Bank in July 2018. [2] MUFG Bank, along with Sumitomo Mitsui Banking Corporation and Mizuho Bank, is recognized as one of the three so-called megabanks in Japan. As of June 23, 2019, it was ranked as the largest bank in Japan and the third ...
The bank's operations date to 1880, when Mitsubishi group founder Yataro Iwasaki established the Mitsubishi Exchange House (三菱為替店, Mitsubishi Kawaseten) in Tokyo. . Mitsubishi acquired the business of the Tokyo, Oita and Hakodate-based 119th National Bank in 1885, and spun this business off to an independent Mitsubishi Bank in 19
The Bank of Japan is headquartered in Nihonbashi, Chūō, Tokyo, on the site of a former gold mint (the Kinza) and, not coincidentally, near the famous Ginza district, whose name means "silver mint". The neo-baroque Bank of Japan building in Tokyo was designed by Tatsuno Kingo in 1896.
The main elements of Japan's financial system are much the same as those of other major industrialized nations: a commercial banking system, which accepts deposits, extends loans to businesses, and deals in foreign exchange; specialized government-owned financial institutions, which fund various sectors of the domestic economy; securities companies, which provide brokerage services, underwrite ...