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MUFG and Morgan Stanley to further collaborate on FX offerings

The TRADE

Additionally, the Japan equity underwriting business is also set to be optimised. The initial alliance between the bank and the Mitsubishi UFJ Financial Group saw the formation of the joint venture between Morgan Stanley and MUFG back in 2010.

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Tech unicorns UK – complete guide to the billion-dollar club

Growth Business

6 – ZEPZ Value: $5bn Founded: 2010 What do they do? Founder Ismail Ahmed learnt of the importance of remittance when fleeing the civil war in Somalia in the early 90s and founded the start-up in 2010 after being frustrated with the high transaction fees when sending money to East Africa. Think Uber but just for taxi drivers.