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Mitsubishi UFJ to boost S'pore M&A business

Published Fri, Mar 7, 2014 · 10:00 PM
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Tokyo

MITSUBISHI UFJ Financial Group, Japan's largest financial firm by market value, plans to boost its mergers and acquisitions business in Singapore by moving bankers into the unit that makes corporate loans.

The company will transfer all M&A bankers from its Singapore brokerage arm to the local commercial banking subsidiary in May, allowing the latter to begin advising clients on takeovers, Kazunobu Takahara, a spokesman at Mitsubishi UFJ's lending unit, said on Wednesday.

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