Bank of Tokyo-Mitsubishi UFJ (MUFG) has revealed that it has developed its own digital currency nicknamed “MUFG coin” as part of its research into blockchain and distributed ledger technology. 214 more words
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For decades, visitors have expressed frustration over Japan’s cash machines being foreigner-unfriendly, or just plain weird by the standards of the rest of the world. For example, many ATMs… 279 more words
The banter and slang used by traders can make it hard for outsiders to tell what they are doing, much less whether they’re up to no good. 692 more words
British Land has signed a new £485m five-year unsecured revolving credit facility (RCF) at an initial margin of 90 basis points with a syndicate of seven banks, in the first sub 100 bps headline margin since 2007. 287 more words
As the saying goes, the cover-up is often worse than the crime.
That seems to be the lesson of the latest fine levied against Bank of Tokyo-Mitusbishi UFJ (BTMU), which was hit today by New York’s financial regulator with… 897 more words
HONG KONG — Economists in China forecast the economy will slow this year due to President Xi Jinping’s reform push but will hold steady later, thanks to higher public spending, a recent survey by The Nikkei and Nikkei Quick News found. 611 more words