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Japan's MUFG picks Amsterdam as its EU investment banking base: sources

Reuters  |  TOKYO 

By Taiga UranakaTOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) has picked Amsterdam as its European Union investment banking base, sources with knowledge of the matter said on Wednesday, as financial institutions prepare for Britain's exit from the EU.MUFG has also decided to open a branch in Paris for its investment banking unit, said the sources, who were not authorised to discuss the matter publicly.An MUFG spokeswoman declined to comment.Japan's largest lender with $2.8 trillion in assets has already picked the Dutch city for its commercial banking operations in ...

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First Published: Wed, September 13 2017. 11:14 IST