Japan's MUFG, Mizuho in London rehiring spree despite Brexit

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Japan's MUFG, Mizuho in London rehiring spree despite Brexit
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Japan's MUFG and Mizuho have hired a total of nearly 100 staff in London in the last 6 months, bolstering their trading and investment banking ...

LONDON: Japan's MUFG and Mizuho have hired a total of nearly 100 staff in London in the last 6 months, bolstering their trading and investment banking teams despite industry concerns over Brexit's impact on financial services in Britain.

Financial lobby group TheCityUK said the financial services industry employs 1.1 million across Britain, mainly outside London. Mizuho has focused on fixed income products, where new head of global markets Asif Godall has hired bond and derivatives traders from rivals including Barclays , Deutsche Bank , and HSBC .

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