Mitsubishi UFJ Financial Group (JP:8306) has released an update.
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Mitsubishi UFJ Financial Group (MUFG) has submitted business improvement plans to Japan’s Financial Services Agency (FSA) as an apology for causing inconvenience and concerns to customers and stakeholders due to identified inappropriate activities. The group acknowledges the incidents, which included improper collaboration and sharing of customer information between its bank and securities businesses, and is committed to implementing more effective policies to prevent future occurrences. MUFG is focused on restoring trust through customer-centric sales activities and leveraging its collective strengths.
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