Mitsubishi Financial & Mizuho Financial expanding their Dutch operations

A couple of weeks ago Dutch Banker ING announced they were moving some of their trading operations to London. This seemed like a very contrarian move given the possible outcomes of the Brexit vote. It's likely that the plan to do this was made way ahead of the Brexit vote and for some reason ING believed it did not need to change this plan.

Some Japanse financial firms are now showing just how contrarian this move is. Mitsubishi Financial Group, the world's second largest bank holding company announced that it would expand their Dutch operation in an accelerated move because of Brexit, operating a so-called 'two-headed system' while keeping the European headquarters in the UK. Earlier in July Mizuho Financial, the second largest financial institution in Japan also announced a similar move.

You can read the full article here.

So, for those ING'ers who prefer staying on the continent, perhaps it's time to brush up on your Nihongo.