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Morgan Stanley deepens wealth management ties with MUFG

US brokerage builds on partnership by sending execs to Japan

Morgan Stanley is among the top wealth managers in the United States.   © Reuters

TOKYO -- Morgan Stanley and Mitsubishi UFJ Financial Group will expand on their decade-plus relationship by enhancing their wealth management operation in Japan.

The wealth business will form a pillar of a new strategy being launched by the Wall Street firm and Japan's largest banking group, Alberto Tamura, president of Morgan Stanley Japan Holdings, told Nikkei in an interview.

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