US EditionJapan's largest bank apologizes over theft of millions of dollars from safe deposit boxes
- Japan's biggest bank, MUFG, has apologized after an employee allegedly stole more than 1 billion yen from customers' safe deposit boxes.
- The bank stated that it is investigating and that 'several billion yen' might have been taken.
- The thefts occurred at two Tokyo branches from April 2020 until discovered in late October.
- MUFG Bank's president and CEO Junichi Hanzawa reported that about 60 customers were affected by the theft.
32 Articles
32 Articles
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106,000: Whether you see them as heroes or as villains, one thing is for sure: the crypto bros are absolutely cooking these days. The value of Bitcoin, the world’s largest crypto currency, has tripled in value this year, hitting a record high of $106,000 on Monday before settling back to a still-scorching $105,000. Investors in the currency are eagerly awaiting a crypto-friendly Trump administration. Last week Trump proposed creating a strategic…
Japan's largest bank apologizes over theft of more than ¥1 bil from safe deposit boxes
Japan’s biggest bank apologized Monday for the alleged theft by an employee of more than 1 billion yen from customers’ safe deposit boxes. The bank, formally known as Mitsubishi UFJ Financial Group Inc, said Monday that it was investigating and that verified thefts from about 20 of the 60 clients…
'Undermined trust': Japan's largest bank apologises over theft of more than 1 billion yen by employee
On Monday, Japan's biggest bank, formally known as Mitsubishi UFJ Financial Group, Inc, apologised for the alleged theft by an employee of more than 1 billion yen, which translates into USD 6.6 million. The alleged theft is reported to have been done from customers' safe deposit boxes. The bank said that investigations were being undertaken and added that verified thefts from about 20 of the 60 clients, which are expected to have been affected, …
Associated Press News
Japan's largest bank apologizes over theft of millions of dollars from safe deposit boxes
Japan’s biggest bank has apologized after an employee allegedly stole more than 1 billion yen ($6.6 million) from customers' safe deposit boxes.
Japan's MUFG Bank head apologizes over massive theft by ex-employee
The head of MUFG Bank apologizes over the alleged theft of more than 1 billion yen ($6.5 million) by a former employee from customers' safe deposit boxes, vowing to boost compliance at one of the biggest megabanks in Japan.
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