Reported about 14 hours ago
Mizuho and MUFG, two major Japanese banks, are looking to acquire or partner with overseas money managers to expand their presence in the global investment market. Mizuho aims for partnerships in Europe or the U.S. particularly in credit and infrastructure financing, while MUFG focuses on asset management opportunities in these regions. Both banks have seen limited international operations thus far and are navigating a competitive landscape amid an aging domestic market in Japan.
Source: YAHOO