Mitsubishi UFJ to buy UK's AlbaCore Capital to expand in private debt

Mitsubishi UFJ to buy UK's AlbaCore Capital to expand in private debt

FILE PHOTO: The logo of Mitsubishi Heavy Industries is seen at the company's Sagamihara plant in Sagamihara, Japan, July 4, 2016. REUTERS/Maki Shiraki/File Photo

The trust banking arm of Mitsubishi UFJ Financial Group will buy UK-based investment firm AlbaCore Capital LLP as Japan’s largest banking group aims to expand private debt products in its asset management business.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter