CHICAGO, June 1, 2016 /PRNewswire/ -- MUFG's securities business in the Americas has announced a Chicago-based sales office to support the firm's Investment Grade bond distribution in the Midwest region of the United States.
The Chicago team was assembled at Mitsubishi UFJ Securities (USA), Inc., a member of MUFG, in December 2015. Michael Loughlin was brought in as Managing Director, Credit Sales, to lead the team of highly experienced salespeople in the Chicago office, covering clients across approximately 20 States.
Michael was previously Managing Director of Institutional Sales, Nomura, with responsibility for Investment Grade Credit Sales in the Midwest. Prior to that, he held Institutional Sales leadership roles at Deutsche Bank, Merrill Lynch International and JP Morgan.
Ted Wulf also joined the team as Vice President, Credit Sales. He was previously Vice President, Credit Sales, at BNP Paribas Securities Corporation, prior to which he held credit sales roles at Nomura and JP Morgan Securities.
The team is completed by Mike Tribe, who joined as Vice President, Chicago Sales. Mike has held sales roles at Key Banc Capital Markets, Credit Suisse Securities, Deutsche Bank Securities and Banc One.
Tom Daly, Head of Institutional Client Group in the Americas at MUFG's securities business, said: "We're delighted to have this team working to expand our footprint into this critical region. This is an exciting time for the securities business, and Michael and his team will have a significant impact on our credit business.
This investment in the region highlights our commitment to our clients allowing us to provide them with senior coverage on a more local basis. We have an ambitious international sales plan and are working ever-closer with colleagues across the wider MUFG group in order to bring the significant capabilities of the firm to our clients."
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with 1,100 offices in over 40 countries. The Group has over 140,000 employees and about 300 entities, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan's largest securities firms.
Through close partnerships among our operating companies, the Group aims to "be the world's most trusted financial group", flexibly responding to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges.
Mitsubishi UFJ Securities Holdings Co., Ltd.
Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD) is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG). The company conducts securities business in Japan through its domestic subsidiary Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and internationally through its overseas subsidiaries Mitsubishi UFJ Securities International plc, Mitsubishi UFJ Securities (USA) Inc., Mitsubishi UFJ Securities (HK), Limited, and Mitsubishi UFJ Securities (Singapore), Ltd. Through these subsidiaries the company provides financial products and integrated advice to both its own clients and those of the MUFG Group.
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SOURCE Mitsubishi UFJ Financial Group, Inc. (MUFG)