Yen set for best January since 2018; dollar firm ahead of tariff deadline
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
Japanese lender SMFG on track to beat its forecast for a record year after hefty Q3 profit
Japan's Sumitomo Mitsui Financial Group said third-quarter net profit surged 54% on a boost in interest income, putting it on ...
Mitsubishi UFJ Financial Group Is Japan's Largest Banking Group
Mitsubishi UFJ Financial Group, known as MUFG, is Japan’s largest banking group, with 8.0% share of domestic loans and 11.6% of deposits as of March 2024. It was also the most global among Japanese ...
Sumitomo Mitsui Financial Group Has a Slightly Higher Asset Yield Than Its Japanese Megabank Rivals
Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...
Sterling Could Recover if U.K. Government Boosts Economic Prospects
Sterling could recover against the euro in coming months if the U.K. government works to improve consumer and business confidence, Commerzbank said. Sterling fell against the dollar, which was broadly ...
NBC Los Angeles10d
Bank of Japan is expected to hike rates this week, CNBC survey shows
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ ...
Business Wire10d
Tender Offer
MUFG Bank, Ltd. announces Notice Concerning Result of Tender Offer for Share Certificates, Etc. of WealthNavi Inc. (TSE Code: 7342) by MUFG Bank, Lt ...
Mint14d
The Yen Is a Currency Trader’s Best Friend and Worst Enemy
Second, the Japanese yen, undervalued by about 40% on a purchasing power parity basis, is a dangerous anomaly. As the currency hovers at 155 per dollar and former officials warn of possible ...
Ex-MUFG banker accused of theft 'used foreign dealers to win big' on trading: sources
A former MUFG Bank employee accused of stealing valuables from customer safe deposit boxes reportedly admitted to using ...
毎日新聞14d
Ex-MUFG banker accused of theft 'used foreign dealers to win big' on trading: sources
Former MUFG Bank employee ... some 1 billion yen (around $6.44 million). FX trading involves profiting from the buying and selling of two currencies, such as the Japanese yen and the U.S. dollar.
FXEmpire.com14d
Japanese Yen and Aussie Dollar News: BoJ and China’s Economy in Focus
On Friday, January 17, speculation about a Bank of Japan (BoJ) rate hike could intensify as the focus shifts to next week’s monetary policy decision. The USD/JPY pair could face heightened ...
Bloomberg L.P.14d
MUFG Bank CEO to Take Pay Cut Over Safety Deposit Box Theft
Junichi Hanzawa, CEO of MUFG Bank Ltd., and Chairman Naoki Hori will have their compensation reduced by 30% for three months, the company said in a statement on Thursday. Other senior executives ...