MUFG kicks off redundancy round, more to come

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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MUFG kicks off redundancy round, more to come

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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 has started a round of redundancies in its securities business, with several jobs in London and New York said to be at risk. GIobalCapital understands that not all those who will be put at risk of redundancy have yet been notified but fewer than 35 staff will be affected.

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