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.
A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using overseas trading plat・・・
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 ...
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 ...
The yen was the only Group-of-10 currency rising against the dollar on Monday as investors sought it as a haven on concern President Donald Trump’s orders to impose tariffs and sanctions on Colombia could spark wider trade tensions and economic risks.
THE Bank of Japan, after clearly signalling last week’s interest rate hike, may return to its accustomed fuzzy guidance about central bank policy to maintain flexibility when it eventually begins to consider how much tightening is enough.
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 here.
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ICE Dollar Index slipped 0.
The dollar on Friday slid 0.7 per cent against a basket of currencies after Trump said he would “rather not” hit China with tariffs. Over the week, it has lost 1.8 per cent, its worst performance since July 2023.