Mitsubishi UFJ Financial : MUFG trims U.S. sell-side team to expand capital markets business - source
Message : Required fields NEW YORK (Reuters) - Japanese mega-bank Mitsubishi UFJ Financial Group has cut six members of its U.S. team, four in sell-side markets research, sales and trading, and two investment-banking advisors, according to a source familiar with the matter. The job reductions were made in the last week, the source said, as the bank expands its fixed-income trading and debt capital markets businesses, for which has been hiring since mid-2020. With assets worth roughly $3.1 trillion, MUFG is hoping to use its sizeable balance sheet to venture further into primary and secon...