CRT, Mitsubishi Call Off Planned Union Backing Out Of Two-Year Engagement


Chicago Research and Trading Group (CRT) and Mitsubishi Trust and Banking Corporation jointly withdrew their application to merge, officials at CRT confirm. These officials say that the two decided to pull the application from the Federal Reserve Bank, where it had long languished, because it appeared unlikely that the Fed would ever approve it.

"We jointly concluded that it's important for both parties to have greater certainty for the development of their respective derivatives businesses,"

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: