Real wages fell 2.9% in May year on year, sharper than the revised 2% drop in April and declining for a fifth straight month.

Banking giant Mitsubishi UFJ Financial Group Inc. (MUFG) is planning to launch a new bank specializing in online banking by the end of fiscal 2026 to attract new customers, particularly young people.

The CEO of MUFG Bank apologised on Monday for the theft by a former employee of more than 1 billion yen ($6.5 million) in customer assets from safe deposit boxes and promised better compliance ...

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.

Blackstone Inc. has hired former Mitsubishi UFJ Financial Group Inc. executive Muneya Taniguchi as vice chairman of Japan to ...

TOKYO -- Leading Japanese lender MUFG Bank is partnering with Indonesian subsidiary Bank Danamon to assist technical intern trainees from Indonesia in opening bank accounts in Japan.

Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes. FILE -Mitsubishi UFJ Financial Group Bank headquarter building is seen, Dec. 16, 2024, in Tokyo.

TOKYO -- The alleged theft of more than 1 billion yen ($6.4 million) in assets from MUFG Bank's safe deposit boxes has jolted public confidence in the country's largest bank, with the crime ...

The Bank of Japan (BOJ) is likely to keep its benchmark interest rate unchanged this week as it awaits greater clarity on domestic wages and spending trends as well as policy changes by the ...

Japan's three megabanks are set to boost their lending profitability as they benefit from the Bank of Japan's monetary policy normalization. Net interest margin (), a key metric of lending ...

An investigation is underway in Japan over the theft of customer assets worth more than 6.5 million dollars from MUFG Bank branch offices by a female employee in her 40s.

Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes FILE -Mitsubishi UFJ Financial Group Bank headquarter building is seen, Dec. 16, 2024, in Tokyo.