Foreign-Currency Salesman: York Branch and Mufg Japan

foreign-currency salesman: He and 18 others from branches in the U.S. and U.K. went to Tokyo for three weeks of training last month, marking the end of their two-year induction. ; They're very dedicated to seeing us grow and to bridging the gap across the cultures, said Mitola, 25, a foreign-currency salesman at MUFG's New York branch, according to The Japan Times. They really want to make this a global bank. Now the New Jersey native is among the first to join Japan's biggest lender under an overseas graduate hiring program it introduced to secure talent from abroad. Over the past decade, MUFG and Japan's two other mega-banks have in total spent more than 54 billion on acquisitions abroad as they seek shelter from a brutal banking market at home. Behind the graduate program, however, lies the realization that truly going global requires more than just spending money it also hinges on changing the bank's culture. MUFG, which owns more than a fifth of Morgan Stanley, this month said it has as much as 9 billion earmarked for buying asset management firms around the world. (news.financializer.com). As reported in the news.

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