MUFG goes on hiring spree

UK-Japan News December 2017

Mitsubishi UFJ Financial Group, Inc. has hired 180 new investment bankers in London since 1 April, City A.M. reported on 14 November.

The move comes as the finance firm seeks to boost its income outside Japan by increasing its European operations. The firm had already announced plans to open a subsidiary in Amsterdam.

Four Japanese banks have chosen Frankfurt as their base in the European Union as they try to minimise the impact of Brexit.