MUFG-Morgan Stanley Venture Chief Vows to Erase Harassment

Written By Hussein Al-Baiaty

  • New CEO Araki bemoans ‘sports-jock’ culture in an interview

  • Bank faces lawsuits from former employees at equity division+

Saburo Araki said he’s giving a high priority to what he describes as the difficult task of stamping out staff harassment since he took over in April as head of Mitsubishi UFJ Financial Group Inc.’s brokerage venture with Morgan Stanley.

“I have come across several harassment complaints from employees since I arrived,” said Araki, chief executive officer at Mitsubishi UFJ Morgan Stanley Securities Co. “I want to eradicate it, but it will be difficult to root out,” he said in an interview in Tokyo.


Hussein Al-Baiaty
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