Mitsubishi UFJ Financial Group Inc. shares closed at a record high as Japanese lenders gained on optimism they will further benefit from rising interest rates boosting their lending income.Most Read f
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.
MUFG Bank has received a reprimand from the Japan’s Association of Real Estate Securitization in relation to inappropriate securities-related activities with Mitsubishi UFJ Morgan Stanley Securities (MUMSS).
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.
MUFG's status as Japan's largest bank stock makes it a recipient of favor for overseas investors who expect interest rates in Japan to rise. MUFG has a strong presence in multiple banking markets ...
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.
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
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.
A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using overseas trading plat
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level TOKYO -- The Bank of Japan raised its key interest rate ...
Mitsubishi UFJ Financial Group Inc. shares closed at a record high as Japanese lenders gained on optimism they will continue to benefit from rising interest rates boosting their lending income.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat Happened to Hanging Out on the Street?
Investing.com -- Shares of Mitsubishi UFJ (NYSE: MUFG) Financial Group Inc., Japan's largest bank by market value, closed at a record high, fueled by optimism for increased lending income due to rising interest rates. The bank's stock rose 2.5% to ¥1,969.5 ($12.7), marking the highest value since its listing in April 2001.