Bank Indonesia (BI) cut the benchmark 7-day reverse repurchase rate by 25 basis points to 5.75%, its first cut since ...

Junichi Hanzawa, CEO of MUFG Bank, and chairman Naoki Hori will have their compensation reduced by 30 per cent for three months, the company said in a statement on Thursday (Jan 16). Other senior ...

Junichi Hanzawa, CEO of MUFG Bank Ltd., and Chairman Naoki Hori will have their compensation reduced by 30% for three months, the company said in a statement on Thursday. Other senior executives ...

An employee of MUFG Bank was fired after admitting to ransacking safe deposit boxes and stealing cash, gold, jewelry and other assets worth more than 1 billion yen ($6.5 million). The employee was ...

TOKYO (Kyodo) -- A former MUFG Bank employee who was arrested for allegedly stealing gold bars from customer safe deposit boxes is believed to have circumvented an access control system and ...

This photo taken on Jan. 11, 2025, shows MUFG Bank's Nerima branch in Tokyo. (Kyodo) TOKYO (Kyodo) -- A former employee of MUFG Bank was arrested Tuesday over the alleged theft of valuables from ...

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 ...

Sources say MUFG has so far paid about 40 people over 4.4 million dollars in compensation. The bank is working to confirm more details of the alleged theft and compensate other victims.