Oct 6, 2016

BTMU to cooperate with foreign banks over money laundering

Bank of Tokyo-Mitsubishi UFJ, Japan’s biggest lender, will join foreign peers in using advanced technology to spot illegal activity, sources close to the matter said. The bank will partner with British giant HSBC and Singapore’s OCBC Bank in using the latest information technology and ...

Aug 16, 2016

Japan banks introducing telecommuting, reduced working hours

More major Japanese banks are reviewing their working patterns and introducing such systems as telecommuting and shorter working hours to help carers and parents with young children get the time they need. Mizuho Financial Group Inc. plans to allow some 23,000 employees at the ...

Japan's biggest banks to launch 24-hour money transfers

Jul 4, 2016

Japan's biggest banks to launch 24-hour money transfers

Sumitomo Mitsui Banking Corp., Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank are planning to start allowing immediate money transfer services 24 hours a day. Sumitomo Mitsui said Monday it will start offering money transfer services between its accounts 24 hours a day, 365 days ...

Dec 28, 2015

Bank of Mitsubishi-Tokyo UFJ to slash mortgage rate

Bank of Tokyo-Mitsubishi UFJ Ltd. plans to slash its lowest mortgage floating interest rate to 0.625 percent per annum from 0.775 percent as of Jan. 4. It will be the bank’s first reduction since August 2013 and will match the rate offered by Sumitomo ...

Apr 23, 2015

Sharp's ¥200 billion bailout approved by Mizuho, BTMU

Sharp Corp. has effectively been given the green light to receive ¥200 billion ($1.7 billion) in financial support from its two main creditor banks on condition it engages in more drastic restructuring, sources close to the matter said Thursday. Mizuho Bank and the Bank ...

Tokyo-Mitsubishi UFJ to team up with Mexican government bank

Jul 28, 2014

Tokyo-Mitsubishi UFJ to team up with Mexican government bank

Bank of Tokyo-Mitsubishi UFJ said Monday it has concluded a long-term deal to procure the Mexican peso with a government-affiliated lender in Mexico. Through the agreement with Banco Nacional de Comercio Exterior S.N.C., or Bancomext, the local unit of BTMU will lend pesos to ...