Japanese Banks: Group Inc and Canadian

japanese banks: Our strategy isn't to become a book runner or lead arranger on every Canadian deal we'll pick our spots but we want to be meaningful to customers, according to The Japan Times. MUFG's Canadian strategy mirrors that in the U.S., where the firm has been remaking its investment-banking unit to look more like bigger Wall Street rivals. It's a significant shift for a Japanese bank that's kept a low profile in the country for decades. ; It's a natural extension of our business as a relationship bank, Craig Gardner, head of Canadian corporate banking, said in an interview at the firm's Toronto office. The lender is among Japanese banks including Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. looking overseas for revenue and growth opportunities as negative interest rates have crimped domestic markets. MUFG has since landed some high-profile deals, including co-leading acquisition financing for Alimentation Couche-Tard Inc. and Canadian Natural Resources Ltd., and acting as joint book runner on Fortis Inc.'s 2 billion bond sale. The Tokyo-based financial firm, which has been in Canada for 63 years, accelerated its push into capital markets after receiving a domestic securities license last year. (news.financializer.com). As reported in the news.