Business & Finance
Business and Finance
Business and Finance
Wed, October 5, 2011
Tue, October 4, 2011
Mon, October 3, 2011 MUFG Issues Statement Regarding Strategic Alliance with Morgan Stanley
TOKYO--([ BUSINESS WIRE ])--Mitsubishi UFJ Financial Group, Inc. (aMUFGa) (NYSE:MTU) today issued the following statement regarding its strategic alliance with Morgan Stanley (NYSE: MS):
aIn response to recent market volatility MUFG wishes to reiterate that we are firmly committed to our long-term strategic alliance with Morgan Stanley. The special relationship we have formed remains core to our global business strategy. We will continue to work to leverage Morgan Stanley's superior franchisestrengths in institutional securities and wealthmanagement with our substantial deposit base and global corporate banking business to add value to both franchises over the decades to come.a
About MUFG
MUFG is one of the worlda™s leading financial groups, with total assets of JPY206 trillion (approximately US$2.6 trillion) as of June 30, 2011. MUFGa™s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management and leasing. The Groupa™s operating companies include The Bank of Tokyo-Mitsubishi UFJ, Ltd. Japana™s largest commercial bank, Mitsubishi UFJ Trust and Banking Corporation, Japana™s leading trust bank, and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., one of Japana™s largest securities firms. For more information about MUFG, please visit [ http://www.mufg.jp/english/index.html ].
Cautionary Statement Concerning Forward-Looking Information
This press release contains forward-looking statements regarding the current expectations of MUFG. Such forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking statements as a result of various factors. MUFG does not undertake any obligation to update the forward-looking statements contained herein, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
