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From left to right: Morgan Stanley Japan Securities president Jonathan Kindred, Morgan Stanley co-president Walid Chammah, MUFG president and CEO Nobuo Kuroyanagi and Mitsubishi UFJ Financial Securities president Fumiyuki Akikusa shake hands in Tokyo on March 26 |
UPDATE: Morgan Stanley/MUFG agreement goes from potential feast to dog’s dinner
19 November 2009
Morgan Stanley’s new tie-up with Mitsubishi UFJ Securities has begun to bear fruit for the US bank, amid yet another period of turmoil for Japan’s local investment banking franchises.
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