Toyo Trust & Banking Co. and Meiji Life Insurance Co. are nearing a decision to join a planned alliance between Nippon Life Insurance Co. and Mitsubishi Trust & Banking Corp. in the so-called "master trust" business, informed sources said Friday.
Deutsche Bank, the world's largest bank, is also thinking of joining, they said.
The three financial institutions are expected to announce their decisions as early as Monday.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.