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 ...

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 ...

A former MUFG Bank employee who was arrested for stealing gold bars from customer safe deposit boxes is believed to have circumvented an access control system and undertaken the thefts when the 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 worth of valuables from customers’ safe ...

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 ...

MUFG Bank will cut the monthly pay of its president, Junichi Hanzawa, by 30% for three months after a former employee was arrested on suspicion of stealing gold bullion from customers’ deposit boxes, ...

The thefts at two branches of MUFG Bank spanned four years and were uncovered last October. The employee, who was dismissed, is believed to have stolen gold, cash and other valuables worth about 1 ...

Copyright 2025 The Associated Press. All Rights Reserved. FILE -Mitsubishi UFJ Financial Group Bank headquarter building is seen, Dec. 16, 2024, in Tokyo. (AP Photo ...