TOKYO (Standard&Poor's) March 27, 2009--Standard&Poor's Ratings Services said today that its ratings on Mitsubishi UFJ Financial Group Inc. (MUFG; A/Stable/--) and its subsidiaries, Bank of Tokyo-Mitsubishi UFJ Ltd. (A+/Stable/A-1) and Mitsubishi UFJ Trust and Banking Corp. (A+/Stable/A-1), would not be affected by yesterday's announcement that MUFG and U.S.-based Morgan Stanley (A/Negative/A-1) have signed a memorandum of understanding (MOU) to form a securities joint venture by merging their securities firms in Japan. The two securities firms are Mitsubishi UFJ Securities Co. Ltd. (NR) and Morgan Stanley Japan Securities Co. Ltd. (NR). The merger of the securities firms in Japan is in accordance with a strategic capital alliance concluded between the two groups in September 2008. Standard&