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Bank of Tokyo-Mitsubishi UFJ starts merged operation

Bank of Tokyo-Mitsubishi UFJ starts merged operation

TOKYO, Japan - Nobuo Kuroyanagi (L), president of the Bank of Tokyo-Mitsubishi UFJ, Chairman Shigemitsu Miki (C), and Vice President Takamune Okihara cut the tape during a ceremony marking the start of merged operations at the bank's head office in Tokyo on Jan. 4. The bank made its debut on Jan. 1 with the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank.

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Tokyo-Mitsubishi, UFJ delay merger

Tokyo-Mitsubishi, UFJ delay merger

TOKYO, Japan - Nobuo Kuroyanagi (R), president of Mitsubishi Tokyo Financial Group Inc., and UFJ Bank President Takamune Okihara hold a news conference in Tokyo on Aug. 12. They announced the postponement of the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank for three months to Jan. 1.

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(1)Criminal complaint lodged on UFJ Bank for blocking probes

(1)Criminal complaint lodged on UFJ Bank for blocking probes

TOKYO, Japan - UFJ Bank President Takamune Okihara (C) and Chairman Ryosuki Tamakoshi (R) bow during a press conference in Tokyo on Oct. 7 following the Financial Services Agency filing a criminal complaint against the bank and some of its former executives for allegedly blocking FSA inspections.

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(2)Criminal complaint lodged on UFJ Bank for blocking probes

(2)Criminal complaint lodged on UFJ Bank for blocking probes

TOKYO, Japan - UFJ Bank President Takamune Okihara speaks at a press conference in Tokyo on Oct. 7 after the Financial Services Agency filed a criminal complaint against the bank and some of its former executives for allegedly blocking FSA inspections.

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UFJ Holdings to incur 780 bil. yen interim net loss

UFJ Holdings to incur 780 bil. yen interim net loss

TOKYO, Japan - UFJ Holdings Inc. President Ryosuke Tamakoshi (L) speaks as UFJ Bank President Takamune Okihara listens at a press conference in Tokyo on Sept. 10. UFJ Holdings said it expects to book a group net loss of 780 billion yen in the April-September first half of fiscal 2004 as it will clean up its books before its planned merger with Mitsubishi Tokyo Financial Group Inc. in October 2005.

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UFJ admits falsifying dossiers on borrowers' business conditions

UFJ admits falsifying dossiers on borrowers' business conditions

TOKYO, Japan - UFJ Bank President Takamune Okihara (C), flanked by is aides, speaks at a press conference in Tokyo on July 28. The bank, a key arm of UFJ Holdings Inc. at the center of a row over its merger plan with Mitsubishi Tokyo Financial Group Inc., admitted it had systemically falsified documents on the business conditions of its large corporate borrowers and submitted them to the Financial Services Agency.

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(2)Mitsubishi Tokyo, UFJ announce merger accord

(2)Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) Mitsubishi Tokyo Bank Chairman Shigemitsu Miki, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi, UFJ Holdings Inc. President Ryosuke Tamakoshi and UFJ Bank President Takamune Okihara give a joint press conference in Tokyo after signing a memorandum of understanding to launch negotiations with the aim of integrating their operations during the first half of fiscal 2005. The deal will create the world's biggest banking group with total assets of 190 trillion yen, topping the 135 trillion yen of Mizuho Financial Group Inc.

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Mitsubishi Tokyo, UFJ announce merger accord

Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) UFJ Bank President Takamune Okihara, UFJ Holdings President Ryosuke Tamakoshi, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi and Mitsubishi Tokyo Bank Chairman Shigemitsu Miki pose for photos after announcing an agreement on their management integration at a press conference in Tokyo on July 16.

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UFJ proposes merger to M'bishi Tokyo, to be top banking group

UFJ proposes merger to M'bishi Tokyo, to be top banking group

TOKYO, Japan - UFJ Bank President Takamune Okihara (in left file photo) has made a formal merger proposal to Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi (in right file photo) during their meeting in Tokyo, UFJ said on July 14. The deal would create the world's largest banking group in terms of assets.

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(2)UFJ group to halve executive pay after FSA orders improvements

(2)UFJ group to halve executive pay after FSA orders improvements

TOKYO, Japan - UFJ Bank Chairman Ryosuke Tamakoshi (L), President Takamune Okihara (C) and Managing Director Toshihide Mizuno (R) bow in a gesture of apology at a press conference in Tokyo on June 18 after the bank was ordered to improve its business by by the Financial Services Agency.

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(1)UFJ group to halve executive pay after FSA orders improvements

(1)UFJ group to halve executive pay after FSA orders improvements

TOKYO, Japan - UFJ Bank President Takamune Okihara (C) speaks at a press conference in Tokyo on June 18 after his bank was ordered to improve its business by the Financial Services Agency. Okihara said his bank will cut executive pay by 50 percent for the time being.

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UFJ Bank may ask Toyota for financial aid: president

UFJ Bank may ask Toyota for financial aid: president

NAGOYA, Japan - UFJ Bank President Takamune Okihara (R) speaks at a press conference in Nagoya on June 2, flanked by Chairman Ryosuke Tamakoshi. Okihara said the bank may ask Toyota Motor Corp. for financial assistance as part of a plan to reinforce its capital.

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UFJ positive about adopting U.S.-style governance

UFJ positive about adopting U.S.-style governance

OSAKA, Japan - New UFJ Bank President Takamune Okihara (R) speaks at a press conference in Osaka on June 1, flanked by Chairman Ryosuke Tamakoshi. Okihara said that UFJ Holdings Inc. is positive about adopting a U.S.-style system of corporate governance to improve the financial group's management.

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3 top UFJ group executives to resign

3 top UFJ group executives to resign

TOKYO, Japan - Three new top executives of the UFJ financial group stand during a news conference at the head office of the Bank of Japan in Tokyo on May 23. UFJ Trust Bank Vice President Shintaro Yasuda (L) will replace Yasukuni Doi as president, Takamune Okihara (C), a senior corporate officer of UFJ Bank, will succeed UFJ Bank President Masashi Teranishi and UFJ Bank Vice President Ryosuke Tamakoshi will become president of UFJ Holdings Inc. to replace Takeshi Sugihara.

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(3)3 UFJ execs to resign for failure to reach profit targets

(3)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - File photo shows UFJ Bank senior corporate officer Takamune Okihara who will replace Masashi Teranishi as president of UFJ Bank.

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UFJ Holdings to incur 780 bil. yen interim net loss

UFJ Holdings to incur 780 bil. yen interim net loss

TOKYO, Japan - UFJ Holdings Inc. President Ryosuke Tamakoshi (L) speaks as UFJ Bank President Takamune Okihara listens at a press conference in Tokyo on Sept. 10. UFJ Holdings said it expects to book a group net loss of 780 billion yen in the April-September first half of fiscal 2004 as it will clean up its books before its planned merger with Mitsubishi Tokyo Financial Group Inc. in October 2005. (Kyodo)

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(1)Criminal complaint lodged on UFJ Bank for blocking probes

(1)Criminal complaint lodged on UFJ Bank for blocking probes

TOKYO, Japan - UFJ Bank President Takamune Okihara (C) and Chairman Ryosuki Tamakoshi (R) bow during a press conference in Tokyo on Oct. 7 following the Financial Services Agency filing a criminal complaint against the bank and some of its former executives for allegedly blocking FSA inspections. (Kyodo)

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Ex-UFJ execs plead guilty to blocking gov't inspections

Ex-UFJ execs plead guilty to blocking gov't inspections

TOKYO, Japan - Kazuyoshi Okazaki (L), former vice president of UFJ Bank, and UFJ Bank President Takamune Okihara, head for the Tokyo District Court on Feb. 17 to attend their court hearing. They pleaded guilty to thwarting government inspections in 2003 in violation of the Banking Law. (Kyodo)

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Tokyo-Mitsubishi, UFJ delay merger

Tokyo-Mitsubishi, UFJ delay merger

TOKYO, Japan - Nobuo Kuroyanagi (R), president of Mitsubishi Tokyo Financial Group Inc., and UFJ Bank President Takamune Okihara hold a news conference in Tokyo on Aug. 12. They announced the postponement of the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank for three months to Jan. 1. (Kyodo)

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Bank of Tokyo-Mitsubishi UFJ starts merged operation

Bank of Tokyo-Mitsubishi UFJ starts merged operation

TOKYO, Japan - Nobuo Kuroyanagi (L), president of the Bank of Tokyo-Mitsubishi UFJ, Chairman Shigemitsu Miki (C), and Vice President Takamune Okihara cut the tape during a ceremony marking the start of merged operations at the bank's head office in Tokyo on Jan. 4. The bank made its debut on Jan. 1 with the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank. (Kyodo)

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(2)Criminal complaint lodged on UFJ Bank for blocking probes

(2)Criminal complaint lodged on UFJ Bank for blocking probes

TOKYO, Japan - UFJ Bank President Takamune Okihara speaks at a press conference in Tokyo on Oct. 7 after the Financial Services Agency filed a criminal complaint against the bank and some of its former executives for allegedly blocking FSA inspections. (Kyodo)

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UFJ positive about adopting U.S.-style governance

UFJ positive about adopting U.S.-style governance

OSAKA, Japan - New UFJ Bank President Takamune Okihara (R) speaks at a press conference in Osaka on June 1, flanked by Chairman Ryosuke Tamakoshi. Okihara said that UFJ Holdings Inc. is positive about adopting a U.S.-style system of corporate governance to improve the financial group's management. (Kyodo)

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UFJ admits falsifying dossiers on borrowers' business conditions

UFJ admits falsifying dossiers on borrowers' business conditions

TOKYO, Japan - UFJ Bank President Takamune Okihara (C), flanked by is aides, speaks at a press conference in Tokyo on July 28. The bank, a key arm of UFJ Holdings Inc. at the center of a row over its merger plan with Mitsubishi Tokyo Financial Group Inc., admitted it had systemically falsified documents on the business conditions of its large corporate borrowers and submitted them to the Financial Services Agency. (Kyodo)

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Mitsubishi Tokyo, UFJ announce merger accord

Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) UFJ Bank President Takamune Okihara, UFJ Holdings President Ryosuke Tamakoshi, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi and Mitsubishi Tokyo Bank Chairman Shigemitsu Miki pose for photos after announcing an agreement on their management integration at a press conference in Tokyo on July 16. (Kyodo)

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(2)Mitsubishi Tokyo, UFJ announce merger accord

(2)Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) Mitsubishi Tokyo Bank Chairman Shigemitsu Miki, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi, UFJ Holdings Inc. President Ryosuke Tamakoshi and UFJ Bank President Takamune Okihara give a joint press conference in Tokyo after signing a memorandum of understanding to launch negotiations with the aim of integrating their operations during the first half of fiscal 2005. The deal will create the world's biggest banking group with total assets of 190 trillion yen, topping the 135 trillion yen of Mizuho Financial Group Inc. (Kyodo)

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UFJ proposes merger to M'bishi Tokyo, to be top banking group

UFJ proposes merger to M'bishi Tokyo, to be top banking group

TOKYO, Japan - UFJ Bank President Takamune Okihara (in left file photo) has made a formal merger proposal to Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi (in right file photo) during their meeting in Tokyo, UFJ said on July 14. The deal would create the world's largest banking group in terms of assets. (Kyodo)

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(2)UFJ group to halve executive pay after FSA orders improvement

(2)UFJ group to halve executive pay after FSA orders improvement

TOKYO, Japan - UFJ Bank Chairman Ryosuke Tamakoshi (L), President Takamune Okihara (C) and Managing Director Toshihide Mizuno (R) bow in a gesture of apology at a press conference in Tokyo on June 18 after the bank was ordered to improve its business by by the Financial Services Agency. (Kyodo)

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(1)UFJ group to halve executive pay after FSA orders improvement

(1)UFJ group to halve executive pay after FSA orders improvement

TOKYO, Japan - UFJ Bank President Takamune Okihara (C) speaks at a press conference in Tokyo on June 18 after his bank was ordered to improve its business by the Financial Services Agency. Okihara said his bank will cut executive pay by 50 percent for the time being. (Kyodo)

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UFJ Bank may ask Toyota for financial aid: president

UFJ Bank may ask Toyota for financial aid: president

NAGOYA, Japan - UFJ Bank President Takamune Okihara (R) speaks at a press conference in Nagoya on June 2, flanked by Chairman Ryosuke Tamakoshi. Okihara said the bank may ask Toyota Motor Corp. for financial assistance as part of a plan to reinforce its capital. (Kyodo)

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3 top UFJ group executives to resign

3 top UFJ group executives to resign

TOKYO, Japan - Three new top executives of the UFJ financial group stand during a news conference at the head office of the Bank of Japan in Tokyo on May 23. UFJ Trust Bank Vice President Shintaro Yasuda (L) will replace Yasukuni Doi as president, Takamune Okihara (C), a senior corporate officer of UFJ Bank, will succeed UFJ Bank President Masashi Teranishi and UFJ Bank Vice President Ryosuke Tamakoshi will become president of UFJ Holdings Inc. to replace Takeshi Sugihara. (Kyodo)

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(3)3 UFJ execs to resign for failure to reach profit targets

(3)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - File photo shows UFJ Bank senior corporate officer Takamune Okihara who will replace Masashi Teranishi as president of UFJ Bank. (Kyodo)

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