MUFG Seeks to Expand in EMEA With New Hires: Is the Stock a Buy?

Mitsubishi UFJ Financial Group, Inc. (MUFG) is gearing up to expand its presence in the European technology banking sector by hiring seven new bankers in its London office. These new hires will be a part of a team that focuses on Europe, the Middle East, and Africa (EMEA), according to Bob Blee, who oversees MUFG's global growth and middle market and technology banking division. This news came in when other major banks like The Goldman Sachs Group, Inc. (GS) and HSBC Holdings plc (HSBC) were planning to dow ...