Mitsubishi UFJ Financial Group will launch a capital markets strategy group. Tom Joyce, who joined MUFG from Deutsche Bank, will lead the new group.
MUFG Union Bank will acquire supply chain finance platform Trade Payable Services from GE Capital. The deal marks the third major divestment by GE Capital over the last six months.
Mackinac Partners promoted business intelligence and security expert Kevin M. Cronin to senior managing director and added corporate growth, restructuring and legal executive Howard S. Lanznar as senior advisor.