Sanwa Bank head to become president of UFJ Bank in Jan.

Sanwa Bank head to become president of UFJ Bank in Jan.

TOKYO, Japan - Tokai Bank President Hideo Ogasawara (L) and Sanwa Bank President Kaneo Muromachi shake hands at a press conference Sept. 10 in Tokyo. Ogasawara will become the chairman of UFJ Bank, to be created via the merger of the two banks Jan. 15, while Muromachi will assume the presidency.

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