Executives at a leading Japanese bank took pay cuts after the arrest of an employee who allegedly stole approximately 1.4 billion yen in valuables from customers' safe deposit boxes. The thefts, occurring over four years across two branches of MUFG Bank,

Mitsubishi UFJ Financial Group Inc. shares closed at a record high as Japanese lenders gained on optimism they will further benefit from rising interest rates boosting their lending income.Most Read f

Executives at a leading Japanese bank apologized and took pay cuts on Thursday after police arrested an employee who allegedly stole about 1.4 billion yen ($9 million) worth of valuables from customers’ safe deposit boxes.

A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using overseas trading plat･･･

TOKYO (AP) — Executives at a leading Japanese bank apologized ... 4 billion yen ($9 million) worth of valuables from customers’ safe deposit boxes. The thefts at two branches of MUFG Bank ...

Executives at a leading Japanese bank apologized and took pay cuts on Thursday after police arrested an employee who allegedly stole about 1.4 billion yen ($9 million) worth of valuables from ...

Mitsubishi UFJ Financial Group Inc. shares closed at a record high as Japanese lenders gained on optimism they will continue to benefit from rising interest rates boosting their lending income.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat Happened to Hanging Out on the Street?

Mitsubishi UFJ Financial Group, known as MUFG, is Japan’s largest banking group, with 8.0% share of domestic loans and 11.6% of deposits as of March 2024. It was also the most global among Japanese banks in terms of the contribution of overseas operations to profits and balance sheet,

Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has a greater focus on retail customers and small and medium-size enterprises rather than large corporate clients.

While the bank remain... The US Dollar (USD) is tipped to slide to 138 against the Japanese Yen (JPY) on the next three-month view... Overall yield spreads have boosted the dollar, but MUFG is ...

The US Dollar to Yen exchange rate forecast by FX researchers at MUFG retains ... While the bank remain... The US Dollar (USD) is tipped to slide to 138 against the Japanese Yen (JPY) on the ...

The dollar slid 0.7 per cent against a basket of currencies after Trump said he would “rather not” hit China with tariffs. Over the week, it has lost 1.8 per cent, its worst performance since July 2023.