Societies face a stark reality: their 65-plus members are claiming a rapidly increasing population share. Japan may be the guinea pig in this predicament; in the Land of the Rising Sun, the death rate already eclipses the birthrate. How the innovation-savvy Japanese respond will be a model for other countries that will follow in their footsteps. Will Japan’s empathy for its elders be duplicated elsewhere, especially in financial industries?
Bank of Tokyo-Mitsubishi UFJ
The Bank of Tokyo-Mitsubishi UFJ (BTMU), Japan’s largest bank, is expanding its reach in North America. Koji Asada, president and CEO of BTMU Canada, announced the opening of the bank’s new office in Calgary, Alberta.