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-MUFG teams up with Morgan Stanley for wealth management services

Jul 10, 2017 - Global Banking News

Global Banking News - 10 July 2017

Mitsubishi UFJ Financial Group Inc (MUFG) (NYSE: MTU) (TYO: 8306) (8306.MU) has entered into a partnership with Morgan Stanley (NYSE: MS) as it seeks to expand into wealth management, according to an online report by Japan Today.

As part of the partnership, MUFG plans to launch a new wealth management unit in Japan by April 2018, Muneaki Tokunari, chief financial officer reportedly told Reuters. The new wealth management business will operate under ...