Feb 24, 2014

BTMU loses data on dormant deposit accounts

Bank of Tokyo-Mitsubishi UFJ said Monday it has lost internal data on some 22,000 bank accounts that have not had money deposited or withdrawn in 10 years. The data include the depositors’ names, account numbers and balances. Customers can still withdraw money from the ...

Oct 29, 2013

Japan to probe mega-banks after mob loan scandal

The Financial Services Agency said it will probe Japan’s three biggest banks following the loans-to-mobsters scandal that has raised questions about corporate links with organized crime. The watchdog will look at Mizuho Bank’s business dealings as well as Bank of Tokyo-Mitsubishi UFJ and Sumitomo ...

Jun 27, 2013

Three top banks to bump up mortgage rates in July

Three major banks are considering hiking their housing loan rates more in July as record-low long-term interest rates continue to edge up, sources said. Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank and Sumitomo Mitsui Banking Corp. are likely to raise their 10-year fixed-rate mortgages by ...