Mitsubishi UFJ Financial Group Inc., which has about 2,000 staff in London according its website, has been preparing for Brexit by setting up some operations to Amsterdam. Japan’s biggest bank already does commercial banking in the Dutch city and got a securities license there in December, calling it a “major step” to continue providing services to clients in Europe after the U.K. leaves the union. The company is closely monitoring Brexit developments, spokeswoman Kana Nagamitsu said on Wednesday.
This article was provided by Bloomberg News.