Tags » Bank Of Tokyo-Mitsubishi UFJ

Japan’s Largest Bank Latest to Develop Own Digital Currency

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


After buying the Financial Times, is Nikkei ready to speak truth to Japan's corporate power?

The length of an apologetic bow from a Japanese executive is a pretty good gauge of his embarrassment. And the 15-second bow by disgraced Toshiba CEO Hisao Tanaka—who resigned this week over a $1.2 billion accounting scandal—was a doozy. 352 more words

Because of “Galapagos syndrome,” most of Japan's cash machines are useless to foreigners

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 hapless ways that foreign banks have tried to skirt US sanctions

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 secured £485m RCF with headline margins back to pre-crisis levels

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


New York's financial regulator wants bankers where it can see them

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

China forecasters see steady growth in 2014

© Reuters

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