Mitsubishi UFJ Financial Group Executives Face Pay Cuts Amid Confidentiality Breach Scandal
CEO Insider
JULY 19, 2024
(MUFG), Japan’s largest banking group, announced that its top executives would take pay cuts in an effort to regain client trust after breaching information firewalls. The move comes as part of the bank’s response to regulatory penalties and lost business resulting from the violations. Copyright CEOWORLD magazine 2023.
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