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Tuesday, June 9, 2015

BANK AND INSURANCE

Mitsubishi UFJ Trust & Banking Corp. Will Buy UBS Fund Unit.

Mitsubishi Trust & Banking Corp currently manages assets US$260 billion will be double after acquisition UBS Fund Unit and shares of company rose 1% in Tokyo trading. The acquisition of UBS Fund which has worldwide operation unit including New York and London raise Mitsubishi Trust & Banking position to sixth ranking among the top global fund companies. (BI01/BLB/18/June/15)




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