Mitsubishi UFJ Trust and Banking Corporation has recapitalized its subsidiaries
New York, July 3 2017 – Mitsubishi UFJ Trust and Banking Corporation (MUTB), a leading Japanese trust bank, has recapitalized its subsidiaries, MUFG Capital Analytics, LLC (MCA) and MUFG Investor Services (US), LLC. (MUIS(US)). This recapitalization satisfies US regulatory requirements under Enhanced Prudential Standards. Effective July 1, 2017, all regulatory control will be transferred from MUTB to MUFG Fund Services (US) LLC (MFS US), a subsidiary of MUFG Americas Holdings Corporation (MUAH).
During Q2 2016, MCA was purchased by MUTB from Neuberger Berman. Subsequently, MUIS (US) was purchased from Guggenheim in Q4 2016. At the time of acquisition, all operational functions were assigned to MFS US and as a result, the recapitalization will have no impact to existing or new clients.