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(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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UFJ cuts earnings forecast, seeing net loss of 650 bil. yen

TOKYO, Japan - Toshihide Mizuno, a UFJ Holdings Inc. director, speaks to reporters about the UFJ group's earnings forecast for the business year ending March 31, at the head office of the Bank of Japan in Tokyo on March 27.

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UFJ cuts earnings forecast, seeing net loss of 650 bil. yen

TOKYO, Japan - Toshihide Mizuno, a UFJ Holdings Inc. director, speaks to reporters about the UFJ group's earnings forecast for the business year ending March 31, at the head office of the Bank of Japan in Tokyo on March 27. (Kyodo)

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(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)