Japan's Sumitomo Mitsui Financial Group said third-quarter net profit surged 54% on a boost in interest income, putting it on ...

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 ...

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 ...

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

MUFG Bank, Ltd. announces Notice Concerning Result of Tender Offer for Share Certificates, Etc. of WealthNavi Inc. (TSE Code: 7342) by MUFG Bank, Lt ...

The bank is also strengthening its safe deposit box checks and procedures. Five senior executives of MUFG, including its ...

A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using ...

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

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 ...

and it has so far paid about 700 million yen in compensation to 40 customers. The incident was caused by failures in managing the safe boxes at branches, along with a lapse in oversight at the bank’s ...

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 ...

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 ...