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Tuesday, June 23, 2015

BANKING 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 of 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/BL/18/June/15)


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