Executives at a leading Japanese bank took pay cuts after the arrest of an employee who allegedly stole approximately 1.4 billion yen in valuables from customers' safe deposit boxes. The thefts, occurring over four years across two branches of MUFG Bank,

Japanese megabank MUFG Bank issued an apology on January 14 in response to the arrest of a former employee who stole

Executives at a leading Japanese bank apologized and took pay cuts on Thursday after police arrested an employee who allegedly stole about 1.4 billion yen ($9 million) worth of valuables from customers’ safe deposit boxes.

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.

A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using overseas trading plat･･･

Tokyo police have arrested a former employee of MUFG Bank for allegedly stealing gold bullion worth 260 million yen, or more than 1.6-million dollars. She is suspected of taking the precious metal from customers' safe-deposit boxes.

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. Hanzawa will ...

Kappa is an amphibian “yokai” mythical creature in Japanese ... million yen and set fire to her home. The suspect has been charged with robbery and attempted murder. In the MUFG Bank case ...

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 ...

While the bank remain... The US Dollar (USD) is tipped to slide to 138 against the Japanese Yen (JPY) on the next three-month view... Overall yield spreads have boosted the dollar, but MUFG is ...

The US Dollar to Yen exchange rate forecast by FX researchers at MUFG retains ... While the bank remain... The US Dollar (USD) is tipped to slide to 138 against the Japanese Yen (JPY) on the ...

The bank is also strengthening its safe deposit box checks and procedures. Five senior executives of MUFG, including its board chairman and CEO, are taking up to a 30% pay cut for three months following an incident where an ex-employee stole from safe deposit boxes.