TOKYO -- The $9 billion that Japan's Mitsubishi UFJ Financial Group injected into Morgan Stanley following the global financial crisis has paid off by contributing roughly twice the investment to MUFG's profits over the past decade.
Finance
MUFG earned double its $9bn Morgan Stanley rescue investment
Focus shifts to how long the 15-year-old cross-border alliance will last
MUFG has built synergies with Morgan Stanley ever since the two financial groups entered into a capital alliance in 2008. (Photo by Jun Watanabe)
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