The world’s largest banks
committed💥 $906 billion
in financing to the fossil fuel industry last year,
-- an “unfathomable” increase in investment
locking in years more of #coal, #oil and #gas production
as the world continues to overheat, a new report has found.

The surge in new fossil fuel lending, up 💥$64bn or nearly 8% on 2024,
shows that the world’s largest
⭐️65 banks are making decisions incompatible with international agreements to restrain rising global temperatures,
according to the coalition of environmental groups behind the new analysis.

#JPMorgan #Chase is again the world’s leading financier of fossil fuels,
according to the annual "Banking on Climate Chaos" report,
after pushing $58bn to the sector last year – up 13% from 2024.

#Bank of #America committed the second largest amount to fossil fuels last year,
followed by Japanese banks #MUFG and #Mizuho Financial.
#Citigroup, another US bank, rounds out the top five,
with #Barclays, at number eight, the highest placed British bank.
https://www.theguardian.com/environment/2026/jun/09/world-banks-pledge-billions-fossil-fuel-industry-2025?CMP=Share_iOSApp_Other

World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds

JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say

The Guardian
Mitsubishi UFJ Asset Management said a larger or out-of-cycle Bank of Japan rate hike can't be ruled out, warning that an expected increase this month may not be enough to prevent further declines in the yen. https://www.japantimes.co.jp/business/2026/06/05/companies/mitsubishi-ufj-boj-rate-hike/?utm_medium=Social&utm_source=mastodon #business #companies #boj #japaneseeconomy #mufg #yen #jgb #inflation #middleeast
Mitsubishi UFJ says Japan may need jumbo rate hike to boost yen

Mitsubishi UFJ Asset Management said a larger or out-of-cycle Bank of Japan rate hike can’t be ruled out, warning that an expected increase this month may not be enough to prevent further declines in the yen and Japanese government bonds.

The Japan Times
Axiom Space has secured roughly an extra $175 million from investors including MUFG Bank, Japan's largest bank, bringing its most recent fundraising to over $525 million as it works to build a commercial space station. https://www.japantimes.co.jp/business/2026/06/05/companies/axiom-space-mufg-bank-investor/?utm_medium=Social&utm_source=mastodon #business #companies #axiomspace #space #mufg #banks #iss #nasa
Axiom Space boosts funding to $525 million with MUFG Bank as new investor

The startup is among several firms competing to build a commercial replacement to the International Space Station, which is set to be decommissioned by 2030.

The Japan Times
The Japanese government and the country's major financial institutions have secured access to Claude Mythos in a move that could significantly shore up weaknesses in cybersecurity. https://www.japantimes.co.jp/business/2026/06/03/tech/japan-anthropic-mythos/?utm_medium=Social&utm_source=mastodon #business #tech #anthropic #mythos #ai #satsukikatayama #mufg #mizuho #sumitomomitsui #banks
Japanese government and banks granted access to Claude Mythos

The access could help the government and the nation's megabanks shore up any cybersecurity vulnerabilities.

The Japan Times
#MUFG が「エムット」を拡充。#三菱UFJカード の最大20%還元対象にスターバックスなど8ブランドを追加したほか、クレカ積立の還元率を最大7.0%に引き上げました。6月1日から最大3.5万円特典の入会キャンペーンも開始します。
https://finwave.jp/archives/4289
Before you continue

Japan's major banks are set for their busiest fiscal year in over a decade for issuing a special category of bonds that will finance higher capital requirements. https://www.japantimes.co.jp/business/2026/05/29/companies/banks-hybrid-bond-boom/?utm_medium=Social&utm_source=mastodon #business #companies #banks #bonds #inflation #sumitomomitsui #mizuho #mufg
Japanese banks see hybrid bond boom to fund regulatory capital

The issuance of Additional Tier 1 bonds, which are considered among the riskiest forms of bank debt, could rise to a record high in Japan this year.

The Japan Times
#MUFG と三菱UFJ銀行が #ChatGPT 連携サービスを提供開始。資産管理サービス「Moneytree」のアカウントを連携し、自然な会話で口座残高や取引明細の確認、出費のカテゴリ別表示などが可能です。
https://finwave.jp/archives/4232
Mitsubishi UFJ Financial Group is exploring options for PT Bank Danamon Indonesia, including taking the lender private or selling some of its stake to increase the public float, sources have said. https://www.japantimes.co.jp/business/2026/05/26/mufg-indonesia-options/?utm_medium=Social&utm_source=mastodon #business #mufg #banks #indonesia
MUFG exploring options for stake in Indonesian lender Danamon, sources say

Indonesia has given listed companies up to three years to increase their public floats as part of reforms to boost transparency.

The Japan Times