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MUFG’s New Top Lawyer Seeks to Bolster Ranks as Rules Bite Banks

  • Mori became first outsider to take chief legal officer role
  • Wants to hire experienced lawyers to beef up legal team
Hiroshi Mori
Hiroshi MoriPhotographer: Yuki Hagiwara/Bloomberg

The new legal chief at Japan’s biggest bank wants to hire more experienced lawyers as it strives to meet tougher regulatory scrutiny and a changing industry landscape.

“We’ve been trying to meet the eye levels of authorities but they also keep rising,” said Hiroshi Mori, who in June became the first external candidate to be appointed chief legal officer at Mitsubishi UFJ Financial Group Inc.