UFJI Office in London to Close

HUMAN FACTORS

LONDON—UFJ International (UFJI), the London-based securities arm and largest subsidiary of Japanese bank UFJ, is slated to close at the end of the year, officials confirm.

According to Chris Roberts, co-CEO of the division, the decision was made in Tokyo and relayed to the firm in London in February this year.

The chief information officer (CIO) at the bank Jayesh Patel left last week, and "four or five" IT developers have also left the firm, Roberts confirms. Patel and the developers were

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