MUFG boosts Australia ABS team with new hire

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MUFG boosts Australia ABS team with new hire

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File - In this Feb. 6, 2009 file photo, businessmen walk by the Mitsubishi UFJ Financial Group headquarters in Tokyo, Japan. Mitsubishi UFJ Financial Group Inc. sank into losses for the fiscal year ended March 31, battered by write-downs on securities amid a market plunge, but Japan's top bank said Tuesday, May 19, 2009, it expects to return to profit this fiscal year. (AP Photo/Itsuo Inouye, File) | Itsuo Inouye/AP/Press Association Images

MUFG Securities Asia has poached a former Westpac executive to head its asset-backed securities unit for Australia and New Zealand as the Japanese brokerage extends its international reach.

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