MUFG, Morgan Stanley to merge brokerages
Güncelleme Tarihi:
Agence France-Presse
Oluşturulma Tarihi: Mart 27, 2009 00:00
TOKYO - Japanese megabank Mitsubishi UFJ Financial Group (MUFG) and Wall Street giant Morgan Stanley announced plans yesterday to merge their securities firms in Japan to weather the credit crunch
The two companies described the move as "a first step" in a broader alliance after MUFG, Japan's biggest bank, threw Morgan Stanley a $9 billion lifeline last year in the midst of the global financial crisis.