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･･･

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.

The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen. In recent trading: The policy-sensitive two-year yield briefly reached 0.725% ...

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 ...

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 ...

Initially, the tech-led equity selloff created favorable conditions for a Japanese Yen rally due to risk aversion and declining USD rates. However, a rate hike by the Bank of Japan (BoJ) on Friday, coupled with unbalanced positioning,

MUFG Bank has received a reprimand from the Japan’s Association of Real Estate Securitization in relation to inappropriate securities-related activities with Mitsubishi UFJ Morgan Stanley Securities (MUMSS).

Japan's Sumitomo Mitsui Financial Group said third-quarter net profit surged 54% on a boost in interest income, putting it on track to post record annual profit and eclipse its forecasts for the year.

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, with most