Japan's Mitsubishi UFJ Financial Group is looking to open a public offering of its share, with the aim to raise as much as $11 Billion or 1 Trillion Yen, hitting an all time record high for a Japanese firm. With the extra capital, the company is looking to meet requirements for a stricter capital as well as increase its rate of lending across Asia.

For the current year, banks across Japan have already raise as much as $15 Billion though issue of common shares, and with new regulations looming about which might require the financial market to “hold a thicker buffer of capital", the firms are looking to tap as much into the reemerging equity markets as they can now.

The Group of 20 leading industrial and emerging market countries decided in September after discussion that new capital rules would be finalized by 2010, and be implemented by 2012 end. These would mean that capital rules for banks would be tougher. In light of the development, more and more financial firms are looking to make the most of the more lenient regulations as long they are around.

The MUFG public offering is expected to start by end of the year.