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 ...

The Bank of Japan has raised its interest rates by 25 basis points, signifying the end of an era of historically low interest ...

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 ...

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 ...

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

Former MUFG Bank employee ... some 1 billion yen (around $6.44 million). FX trading involves profiting from the buying and selling of two currencies, such as the Japanese yen and the U.S. dollar.

On Friday, January 17, speculation about a Bank of Japan (BoJ) rate hike could intensify as the focus shifts to next week’s monetary policy decision. The USD/JPY pair could face heightened ...

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 ...