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Mitsubishi UFJ Financial Group top executives will take pay cuts as Japan’s largest banking group seeks to restore client confidence after breaching information firewalls. https://t.co/APbk2DiDMd
MUFG Bank, Ltd. announces Regarding Document Submissions Under Administrative Actions by the Financial Services Agency https://t.co/CHnmL5zIWq https://t.co/5ycp5mWVBk
MUFG Bank, Ltd. UK Regulatory Announcement: MUFG Bank, Ltd. announces Regarding Document Submissions Under Administrative Actions by the Financial Services Agency https://t.co/zVdiOK93bb https://t.co/f1K1Blf3QL
Mitsubishi UFJ Financial Group (MUFG) is set to cut the pay of its top executives, including CEO Hironori Kamezawa, Chairman Kanetsugu Mike, and five other executives, following breaches of client information firewalls. The decision, reported by Kyodo and other sources, aims to restore client confidence in Japan’s largest banking group. The Financial Services Agency has taken administrative actions, prompting MUFG to submit relevant documents.
