Mitsubishi UFJ Financial (MTU) Comments Regarding Strategic Alliance with Morgan Stanley (MS)
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Mitsubishi UFJ Financial Group, Inc. (NYSE: MTU) today issued the following statement regarding its strategic alliance with Morgan Stanley (NYSE: MS):
“In 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 franchise strengths in institutional securities and wealth management with our substantial deposit base and global corporate banking business to add value to both franchises over the decades to come.”
“In 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 franchise strengths in institutional securities and wealth management with our substantial deposit base and global corporate banking business to add value to both franchises over the decades to come.”
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