Strategy

Northern Trust in Japan Tie-Up

Stephen Harris New York 3 May 2007

Northern Trust in Japan Tie-Up

Mitsubishi UFJ Trust and Banking Corporation of Japan and Chicago-based Northern Trust have entered into an agreement to provide Japanese families who have assets in the US with estate administration services for their heirs and beneficiaries, eliminating the need for families to retain separate American advisors. Under the agreement, Northern Trust will provide estate administration and settlement services to MUTB’s Japanese clients with US assets. The companies say that agreement is the first of its kind to provide cross-border estate administration services for Japanese citizens.

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