Slaughter and May, Allen & Overy and Linklaters are among a raft of firms to have won a spot on The Bank of Tokyo-Mitsubishi UFJ (BTMU) first ever legal panel.

The panel covers Europe, the Middle East and Africa and is split into a preferred firms' panel and a transactional panel.

The preferred firms' panel will consist of A&O, Ashurst, Berwin Leighton Paisner, Hogan Lovells, Linklaters, Norton Rose Fulbright, Slaughters and White and Case.

The transactional panel will include the preferred firms along with other market leading firms, which the bank has not yet named.

In a statement, BTMU said: "The process itself has been highly rewarding and extremely competitive and has resulted in the appointment of a preferred firms' panel and a transactional panel. We are very pleased with the outcome of the tender process and would like to thank all those firms involved in the process for their hard work and cooperation."

A&O, Ashurst and Linklaters have all acted for the Japan-headquartered bank in recent years.

In July A&O, Sullivan & Cromwell, and Baker & McKenzie landed lead roles on BTMU's $5.75bn (£3.8bn) bid for a majority stake in Thailand's Bank of Ayudhya (Krungsri).

A&O acted for BTMU on the deal, providing structuring and regulatory advice, while Sullivan provided US counsel.