Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly stole about $9 million worth of valuables from customers’ safe deposit boxes.

A former employee of the MUFG Bank has been arrested for allegedly stealing 20 kilograms of gold bullion worth 260 million yen (US$1.6 million) from customers’ safe deposit boxes.

Mitsubishi UFJ Financial Group Inc. shares closed at a record high as Japanese lenders gained on optimism they will further ...

MUFG Bank has received a reprimand from the Japan’s Association of Real Estate Securitization in relation to inappropriate ...

The head of Japan's MUFG Bank has promised to review the financial institution's safe deposit box operations following a ...

MUFG Bank announced Thursday it will punish executives, including President Junichi Hanzawa, for a former employee's alleged ...

Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank ...

In a widely anticipated move, the Bank of Japan on Jan. 24 raised its short-term policy rate to 0.50% from 0.25%. Read more ...

A former MUFG Bank employee who was arrested for allegedly stealing gold bars from customer safe deposit boxes is believed to ...

THE Bank of Japan, after clearly signalling last week’s interest rate hike, may return to its accustomed fuzzy guidance about ...

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