Mitsubishi UFJ Financial Group Inc., Japan’s biggest bank, is offering voluntary redundancy to hundreds of managers at its U.K. office in a bid to cut costs. The program will target its 500 directors and managing directors in London, MUFG said in an emailed statement, confirming an earlier Financial News report. Applications will be accepted until the end of July and the number of retirees will be decided on that basis, a person with knowledge of the matter said.-  Bloomberg 

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