The company is poorly run. Management is not experienced and often make poor choices in leading the organization forward.
If you come in as a contractor the company goes out their way not to include you in various Company activities. Contractors who have been working at MUFG past their contract can have it renewed however, if you apply to internal positions, it is VERY rare you will be contacted or converted to FTE. Yet, they tell each other good talent is hard to find. Perhaps if they considered the contractors that are there, on-site, doing the job successfully, they can find qualified talent.
Systems are old and antiquated. The culture is awful. Turnover is crazy high. Speaking for myself, i was told it was a new role i was interviewing for in April 2018, only to find out 3 other people were in the role in less than 1 years time.