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Reuters: Japan's MUFG says to close branches, cut jobs

Started by chris, March 23, 2009, 03:59:13 AM

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chris

Japan's MUFG says to close branches, cut jobs
      
   
      


TOKYO (Reuters) - Mitsubishi UFJ Financial Group , Japan's biggest bank, said on Monday it plans to close 50 branches and cut 1,000 jobs to continue slimming down its operations since its merger in 2005, as a tumbling stock market depletes its earnings.<div class="feedflare">
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