Reuters reports Japan's MUFG has picked Amsterdam as its EU investment base
Reuters citing unnamed sources for the headline on choice of European union investment base for Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU)
- Japan's Mitsubishi UFJ Financial Group Inc (MUFG) has picked Amsterdam as its European Union investment banking base, sources with direct knowledge of the matter said on Wednesday, as global financial institutions prepare for Britain's exit from the EU in 2019.
- MUFG has also decided to open a branch in Paris for its investment banking unit, said the sources, who were not authorised to discuss the matter publicly.
- An MUFG spokeswoman declined to comment.
Nothing further at this stage, details etc.