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BTM temp staffer found embezzling 900 mil. yen, FSA issues warning

BTM temp staffer found embezzling 900 mil. yen, FSA issues warning

TOKYO, Japan - File photo shows the head office of the Bank of Tokyo-Mitsubishi in Tokyo's Marunouchi district. The Financial Services Agency said on Aug. 26 it has issued the bank a business improvement order after finding a temporary worker there embezzled more than 900 million yen over more than 10 years.

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Ex-BTM exec Nakahara named to BOJ board

Ex-BTM exec Nakahara named to BOJ board

TOKYO, Japan - Shin Nakahara (file photo), former vice president of the Bank of Tokyo-Mitsubishi (BTM), has been appointed to the Policy Board of the Bank of Japan (BOJ), the government announced June 18. Nakahara replaces Susumu Taketomi, whose term expired June 17.

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BTM, Mitsubishi Trust announce alliance plan

BTM, Mitsubishi Trust announce alliance plan

TOKYO, Japan - Satoru Kishi (2nd from L), president of the Bank of Tokyo-Mitsubishi (BTM), and Akio Utsumi (3rd from L), president of Mitsubishi Trust & Banking Corp., along with Tomoaki Hirano (L), president of Nippon Trust Bank, and Hiroshi Hayashi, president of Tokyo Trust Bank, shake hands in Tokyo on April 19 after announcing an agreement to integrate their management under a joint holding company in April 2001. The two banks will create the world's fifth largest and Japan's fourth biggest banking group by assets. Mitsubishi Trust will also absorb two BTM trust subsidiaries, Nippon Trust Bank and Tokyo Trust Bank, in October 2001.

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Mitsubishi Trust, BTM to unify operations

Mitsubishi Trust, BTM to unify operations

TOKYO, Japan - Photo taken April 18 shows the building where the head office of Mitsubishi Trust and Banking Corp. is located. The bank was reported in the final stage of talks with the Bank of Tokyo-Mitsubishi (BTM) to consolidate their operations under a single holding company.

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BTM, Mitsubishi Trust to unify operations

BTM, Mitsubishi Trust to unify operations

TOKYO, Japan - Photo taken April 18 shows the headquarters of the Bank of Tokyo-Mitsubishi (BTM), which were reported in talks with Mitsubishi Trust and Banking Corp. on an agreement to unify their operations under a single holding company.

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Ex-BTM exec Nakahara named to BOJ board

Ex-BTM exec Nakahara named to BOJ board

TOKYO, Japan - Shin Nakahara (file photo), former vice president of the Bank of Tokyo-Mitsubishi (BTM), has been appointed to the Policy Board of the Bank of Japan (BOJ), the government announced June 18. Nakahara replaces Susumu Taketomi, whose term expired June 17.

  •  
BTM temp staffer found embezzling 900 mil. yen, FSA issues warni

BTM temp staffer found embezzling 900 mil. yen, FSA issues warni

TOKYO, Japan - File photo shows the head office of the Bank of Tokyo-Mitsubishi in Tokyo's Marunouchi district. The Financial Services Agency said on Aug. 26 it has issued the bank a business improvement order after finding a temporary worker there embezzled more than 900 million yen over more than 10 years. (Kyodo)

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BTM chairman, vice chairman to step down

BTM chairman, vice chairman to step down

TOKYO, Japan - Bank of Tokyo-Mitsubishi (BTM) Chairman Satoru Kishi (file photo) will leave his post along with Vice Chairman Kenji Yoshizawa, as the bank has almost completed disposing of nonperforming loans to large-lot clients, the bank said on April 30. Kishi and Yoshizawa are to formally step down after a general shareholders meeting set for June 26.

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BTM, Mitsubishi Trust announce alliance plan

BTM, Mitsubishi Trust announce alliance plan

TOKYO, Japan - Satoru Kishi (2nd from L), president of the Bank of Tokyo-Mitsubishi (BTM), and Akio Utsumi (3rd from L), president of Mitsubishi Trust & Banking Corp., along with Tomoaki Hirano (L), president of Nippon Trust Bank, and Hiroshi Hayashi, president of Tokyo Trust Bank, shake hands in Tokyo on April 19 after announcing an agreement to integrate their management under a joint holding company in April 2001. The two banks will create the world's fifth largest and Japan's fourth biggest banking group by assets. Mitsubishi Trust will also absorb two BTM trust subsidiaries, Nippon Trust Bank and Tokyo Trust Bank, in October 2001.

  •  
Mitsubishi Trust, BTM to unify operations

Mitsubishi Trust, BTM to unify operations

TOKYO, Japan - Photo taken April 18 shows the building where the head office of Mitsubishi Trust and Banking Corp. is located. The bank was reported in the final stage of talks with the Bank of Tokyo-Mitsubishi (BTM) to consolidate their operations under a single holding company.

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