MUFG grows rates platform with key hire

NEW YORK, June 29, 2021 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG) today announced that Rukhein Davis has joined the firm as Managing Director and Head of Corporate Derivative Solutions.

Mr. Davis will be responsible for growing the business while deepening existing corporate client relationships, focusing on developing solutions that bring the entire MUFG platform to clients. He will report to David Paster, Head of Corporate Risk Solutions, and will be based in New York.

"Rukhein has a consultative style with clients that centers around providing the right risk management advice, customized to each client's specific financial solutions needs," David Paster said. "His strong industry relationships, technical skills, and proven track record of winning mandates will be key in building out this area of our business."

Mr. Davis joins MUFG with more than 15 years of rates and FX derivatives experience, covering corporate clients across a range of sectors including Consumer and Retail, Health Care and General Industrial. Most recently, Mr. Davis was Head of Consumer and Retail Rates & FX at Bank of America Merrill Lynch. Prior to that Mr. Davis worked at Citigroup as a Director in the Derivatives Solutions Group and at Goldman Sachs in Corporate Risk Management. 

MUFG continues to make significant investments in strengthening its sales and trading platform to support its full life-cycle originate-to-distribution and secondary trading business model. Over the past 18 months, MUFG has added a specialized leveraged finance sales team to its roster and more recently expanded its fixed-income trading platform.

About Mitsubishi UFJ Financial Group, Inc.'s U.S. Operations including MUFG Americas Holdings Corporation
The U.S. operations of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, has total assets of $331 billion at March 31, 2021. As part of that total, MUFG Americas Holdings Corporation (MUAH), a financial holding company, bank holding company, and intermediate holding company, has total assets of $170 billion at March 31, 2021. MUAH's main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides a wide range of financial services to consumers, small businesses, middle-market companies, and major corporations. As of March 31, 2021, MUFG Union Bank, N.A. operated 309 branches, consisting primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York, and Georgia. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, domestic and foreign debt and equities securities transactions, private placements, collateralized financings, and securities borrowing and lending transactions. MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico, and Canada. Visit www.unionbank.com or www.mufgamericas.com for more information.

About MUFG (Mitsubishi UFJ Financial Group, Inc.)
About MUFG Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,600 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond 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 stock exchanges.

For more information, visit https://www.mufg.jp/english

Press Contact:
Oksana Poltavets
(646) 767-1326
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SOURCE MUFG