Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes
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.
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Ex-employee of Japan’s largest bank MUFG arrested for allegedly stealing 20kg of gold
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.
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank of Japan will raise interest rates on Friday and accelerate its normalisation of monetary policy.
Ex-MUFG banker accused of theft 'used foreign dealers to win big' on trading: sources
A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using overseas trading plat
MUFG Bank head vows review of safe deposit services after thefts
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.
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MUFG Bank punishes execs over customer asset thefts
MUFG Bank announced Thursday it will punish executives, including President Junichi Hanzawa, for a former employee's alleged massive thefts of customer assets from safe deposit boxes.
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MUFG Bank CEO, chairman to take pay cuts over safe deposit box theft
Mitsubishi UFJ Financial Group said its banking unit chief and other senior executives will take pay cuts to take responsibility for the theft of millions of dollars from customers’ safe deposit boxes.

Bank of Japan Eyes Rate Hike

Bank of Japan is expected to hike rates this week, CNBC survey shows
Bank of Japan expected to raise rates on Friday with inflation and wages ‘on path’
The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino. Good wage and inflation data underpin normalisation efforts.
Japan Central Bank Rate Hike Odds Could Turn on Trump Address
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Barclays sees heightened competition in India from Japan banks
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country head for Barclays.
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Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes
The thefts at two branches of MUFG Bank spanned four years and ... according to the bank. The bank, one of Japan's three megabanks, was formed in 2006 by the merger of UFJ Bank and Bank of Tokyo ...
Barclays sees heightened competition in India from Japan's biggest banks
Japanese banks including Mitsubishi UFJ Financial Group Inc and Sumitomo Mitsui Financial Group Inc. are targeting India and the US for expansion
Mizuho Bank stops accepting new safe-deposit customers
Japan's Mizuho Bank is no longer accepting new customers for its safe-deposit service. The move follows the arrest of an employee of another Japanese mega-bank over alleged massive theft from customers' safe-deposit boxes.