#Latest news with #MitsubishiUFJMorganStanleySecuritiesCo.Bloomberg02-05-2025BusinessBloombergMUFG Joint Venture Stops Selling Structured Loans After ScrutinyMitsubishi UFJ Morgan Stanley Securities Co. has stopped selling so-called structured loans after purchases of the products by regional banks prompted a regulatory backlash. The firm discontinued sales this month of the products, including Japanese government bonds repackaged into loans, a representative for the joint venture between Mitsubishi UFJ Financial Group Inc. and Morgan Stanley said in response to queries from Bloomberg News. It's the first known instance of a major brokerage ending this business in what was a booming market.
Bloomberg02-05-2025BusinessBloombergMUFG Joint Venture Stops Selling Structured Loans After ScrutinyMitsubishi UFJ Morgan Stanley Securities Co. has stopped selling so-called structured loans after purchases of the products by regional banks prompted a regulatory backlash. The firm discontinued sales this month of the products, including Japanese government bonds repackaged into loans, a representative for the joint venture between Mitsubishi UFJ Financial Group Inc. and Morgan Stanley said in response to queries from Bloomberg News. It's the first known instance of a major brokerage ending this business in what was a booming market.
02-05-2025
