TOKYO (AP) — 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 ...

Japan’s biggest bank apologized Monday for the alleged theft by an employee of more than 1 billion yen ($6.6 million) from customers’ safe deposit boxes. The bank, formally known as Mitsubishi ...

Mitsubishi UFJ Financial Group <8306.T>, Japan's biggest bank, said on Monday it plans to close 50 branches and cut 1,000 jobs to continue slimming down its operations since its merger in ...

It also owns a second-tier leasing firm in which Panasonic holds a 15% stake, the Diners Club Japan business, 34.2% of SBI Sumishin Net Bank, and Amova Asset Management, which operates ...

Citigroup has about 140 locations across the country, including 32 Citibank outlets. Branches of Nikko Cordial, Japan's third-largest brokerage, account for the rest.

While the move was Japan's first interest rate hike in 17 years, it still keeps rates stuck around zero as a fragile economic recovery forces the central bank to go slow on further rises in ...

The Bank of Japan will warn of uncertainty over the impact of U.S. tariffs in a quarterly report due this month, but may offer a less gloomy view on the near-term hit to Japan's economy than three ...

However, on the positive side, SMTG in 2021 became the first major Japanese bank to commit to reducing its equity shareholdings in principle to zero, which will free up capital for future growth ...