PricewaterhouseCoopers has been fined $25 million by New York State's financial watchdog after it sanitised a report for regulators into anti-money laundering at Bank of Tokyo-Mitsubishi UFJ (BTMU).
Tradition has launched ParFX, a spot forex trading platform with the backing of 11 major banks, including Barclays and UBS.
Tradition, the leading global inter-dealer broker, has today announced that two further global banks have confirmed their support of the TraFXpure spot FX trading platform, adding to the already-substantial industry support for the initiative.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) today announced that Terry McKay has been appointed managing director and head of the newly established Global Financial Solutions Group within the bank's corporate and investment banking organization. McKay reports to Randall Chafetz, Head of Corporate and Investment Banking for the Americas.
The Bank of Tokyo-Mitsubishi UFJ (BTMU) and Union Bank, N.A. today announced a North American strategic initiative designed to provide global deposit and cash management services to fulfill the needs of multinational companies. BTMU/Americas and Union Bank will establish a single leadership structure to coordinate shared capabilities and the expertise of each company to increase market share in North America.
Mitsubishi UFJ Securities International plc (MUSI) is now clearing its interest rate swap (IRS) business through LCH.Clearnet Limited's (LCH.Clearnet) market leading interest rate swap clearing service, SwapClear, significantly reducing counterparty, credit and operational risk.
Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces that The Bank of Tokyo-Mitsubishi UFJ, Ltd. have opted for its Open Payment Framework (OPF) technology to power a new centralized European payments platform.
Mitsubishi UFJ Financial Group, Inc. ("MUFG") (NYSE: MTU) and Morgan Stanley (NYSE: MS) today announced that they have entered into definitive agreements to integrate their securities operations in Japan, and are expected to commence joint venture operations as of May 1, 2010. Through a joint ownership structure, the parties will collaborate in a number of business and product areas in Japan, taking an industry leading position and offering a full range of institutional businesses, a large domestic retail brokerage network and significant global reach.
TONBELLER, a leading provider of financial crime prevention solutions, has announced a successful implementation of its flagship product Siron(R)AML at The Bank of Tokyo Mitsubishi UFJ, Ltd. (BTMU) offices outside of Japan. Siron(R)AML forms the backbone of BTMU's strategy to fight anti-money laundering (AML), protect the organization from reputational damage and to comply with the increasing national and international regulations.
Japan's Bank of Tokyo-Mitsubishi UFJ has signed for IBM's smart business desktop cloud service.
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