Financial Times FT.com

Globalisation: Institutions look further afield for a healthy return

By Michiyo Nakamoto

Published: September 7 2010 15:51 | Last updated: September 7 2010 15:51

Katsumi Hatao makes no secret of his desire to clinch a few more strategic investments for his bank in overseas markets.

When asked whether the Bank of Tokyo Mitsubishi UFJ, which invested $9bn in preference shares equivalent to a 20 per cent stake in Morgan Stanley in 2008, was ready to take a breather on acquisitions, Mr Hatao, who is executive officer in charge of global planning at BTMU, says categorically: “not at all”.

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