Morgan Stanley, MUFG to bolster global alliance
June 30th, 2009 | Author: admin
SAN FRANCISCO (MarketWatch) — Morgan Stanley and Mitsubishi UFJ Financial Group Inc. will create a loan marketing joint venture in the United States in line with their plan to bolster their strategic alliance, the companies said late Tuesday. The financial firms also plan to sign an agreement on business referrals in various areas, including capital markets, loans, and fixed income sales. The two financial giants have already agreed to a referral agreement under which clients of Bank of Tokyo-Mitsubishi, a subsidiary of Mitsubishi UFJ, can be referred to Morgan Stanley Capital Group for commodities business
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Morgan Stanley, MUFG to bolster global alliance
