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Japanese bank eyes European acquisitions

Bank of Tokyo-Mitsubishi UFJ’s chief executive for Europe, Middle East and Africa wants to hire more investment bankers and buy businesses and teams from European rivals

Japanese bank eyes European acquisitions

Bank of Tokyo-Mitsubishi UFJ is looking to expand its investment banking business in Europe by hiring staff and making acquisitions from European rivals that are restructuring, according to Masato Miyachi, the bank’s chief executive for Europe, Middle East and Africa.

Miyachi, head of Emea since October 2014, told Financial News that he wants to grow its investment bank staff in the region by up to 20% to around 240 people by 2017.

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