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.
Alex Popov, who joined the bank in 2017 as a director in the emerging markets credit team, is one of those at risk. He joined from Commerzbank. At MUFG he was responsible for trading Turkish sovereign, bank and corporate credit. Popov reports to Sean O’Keeffe, head of emerging
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