Mitsubishi UFJ Financial Group Inc. is evaluating an acquisition of some loan portfolios from Credit Suisse Group AG to expand its business in the US, according to people with knowledge of the matter.
Japan’s biggest lender is also vetting bundles of the Swiss bank’s global loans in sectors including aviation and pension funds, said one of the people, who asked not to be identified discussing private information. MUFG has held initial discussions with potential advisers, another person said.
Considerations are at an early stage and a deal may not materialize, the people said.
Credit Suisse is racing to raise ...
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