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Japan's MUFG says picks Amsterdam as EU investment banking base

Reuters  |  TOKYO 

By Taiga UranakaTOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) said it has picked Amsterdam as its European Union investment banking base, as financial institutions prepare for Britain's exit from the EU.Japan's largest lender is following the footsteps of other banks and financial services firms that are setting up regulated subsidiaries in an EU country so that they can do business across the bloc if Britain loses access to the European single market. MUFG Securities EMEA plc, the European investment banking unit of MUFG, currently has its head office in London with ...

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First Published: Wed, September 13 2017. 15:27 IST