Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly ...

MUFG is still the Japanese bank with the largest exposure to operations outside Japan. In Southeast Asia, Krungsri (the third-largest bank in Thailand, 77% owned by MUFG) contributes around 10% of ...

Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ ...

Tokyo, Jan. 16 (Jiji Press)--Japan's MUFG Bank has decided to punish executives including President Junichi Hanzawa for a former employee's alleged massive thefts of customer assets from safe ...

MUFG Bank is the largest lender in Japan and the main banking unit of the Mitsubishi UFJ Financial Group, a leading global financial services group. It operates 421 domestic and 104 overseas branches ...

A former employee of MUFG Bank was arrested Tuesday over the alleged theft of valuables from customers' safe deposit boxes, police said. Yukari Imamura, 46, is suspected of stealing around 20 ...

MUFG Bank announced Thursday it will punish executives, including President Junichi Hanzawa, for a former employee's alleged massive thefts of customer assets from safe deposit boxes. Hanzawa will ...

The head of Japan's MUFG Bank has promised to review the financial institution's safe deposit box operations following a series of alleged thefts by a former employee. President and CEO Hanzawa ...

The Japanese stock market on Friday halted the four-day winning streak in which it had accelerated more than 1,500 points or 3.8 ...

SMFG is less well positioned in institutional securities business and asset management than its Japanese mega-bank rivals MUFG and Mizuho. The diminishment of SMFG's relative outperformance in ...

TOKYO — Executives at a leading Japanese bank apologized and took ... The thefts at two branches of MUFG Bank spanned four years and were uncovered last October. The employee, who was dismissed ...