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
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 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.
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 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.
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.
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.
TOKYO (Reuters) - Japan's core consumer inflation likely accelerated in December, boosted by higher energy costs, while the Bank of Japan is seen raising rates next week, a Reuters poll showed on Friday.
The yen rose on Thursday as comments from Bank of Japan Deputy Governor Ryozo Himino reaffirmed views that the central bank will keep raising rates this year.Most Read from BloombergManhattan’s Mornin
TOKYO (Reuters) - The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.
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 ...