MUFG Jul 2024 10.000 put
- Bloomberg
MUFG Penalized by Japan’s Regulator for Client Info Breach
(Bloomberg) -- Japan’s financial regulator penalized Mitsubishi UFJ Financial Group Inc.’s flagship banking unit and two joint ventures for violating client confidentiality rules, potentially dealing a further blow to their business. Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverNvidia Sales Grow So Fast That Wall Street Can’t Keep UpRussia Is Storing Up a Crime Wave When Its War on Ukraine EndsYen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings
- Reuters
Japan orders compliance improvements at MUFG bank and securities tie-ups with Morgan Stanley
TOKYO (Reuters) -Japan's banking regulator on Monday ordered the banking and securities units of Mitsubishi UFJ Financial Group (MUFG) to improve compliance measures after the securities watchdog found multiple breaches of "firewall" regulations. The penalties come less than two years after the securities arm of rival megabank Sumitomo Mitsui Financial Group was indicted on market manipulation charges, for which it was ordered to halt the offending business line and improve compliance. The Financial Services Agency, which hands out such penalties, ordered each of the MUFG units to establish the causes of the breaches and submit business improvement plans to prevent recurrences.
- Zacks
LendingTree (TREE) Arm's Client Data Auctioned Online by Hackers
LendingTree (TREE) announces that the client data of QuoteWizard has been hacked and sold on cybercriminal forums. TREE is investigating the matter to determine the theft's scope and implications.
