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.

(Bloomberg) -- Mitsubishi UFJ Financial Group Inc. said its banking unit chief and other ... Other senior executives will take similar pay cuts. Japan’s biggest bank said in November that ...

Giving explicit advance signals, in addition to making the Bank of Japan feel boxed in, could breach Japanese law stipulating the nine-member board must debate and sign off on rate decisions at each policy meeting.

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 banks in terms of the contribution of overseas operations to profits and balance sheet,

SMTG focuses on high-net-worth individuals who can be customers across its specialized loan, trust, real estate, and investment-management products, and it has fewer branches than the megabanks or the largest regional banks,

The world is developing at an unprecedented scale. Over the next 20 years, urban population in developing countries will double to 4 billion, while the urbanized land area will triple. Rapid growth helps create new opportunities, but it has also brought ...

Tokyo (Jiji Press) — Japanese Prime Minister Shigeru Ishiba said Tuesday that he aims to build a relationship of trust with Donald ... deliberations in the Diet, Japan’s parliament.

TOKYO, Jan 24 (Reuters) - Japan's Mitsubishi Motors (7211.T), opens new tab, a junior partner of Nissan Motor (7201.T), opens new tab, is considering not joining a planned merger between Nissan ...

Japan’s central bank looks poised to lift its key interest rate to 0.5%, from 0.25%, at its meeting Thursday and Friday, according to around 80% of economists polled by Reuters.

Japan’s core consumer inflation accelerated to 3.0% in December, the fastest annual pace in 16 months, data showed earlier on Friday, in a sign rising fuel and food prices continue to push up ...

TOKYO: Japanese Prime Minister Shigeru Ishiba (pic) on Tuesday (Jan 21) congratulated Donald Trump on his return to the White House and said he wanted to build a "relationship of trust".

The Bank of Japan (BOJ) raised its key interest rate to about 0.5% from 0.25% on Friday, noting that inflation is holding at a desirable target level. “The economy is gradually recovering ...