VASCO Data Security International, Inc. (VDSI), a global leader in authentication, digital signatures, and identity management, announced today that The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) has implemented VASCO's two-factor authentication solutions to protect retail banking customers accessing the bank's online banking services.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) announced today that it has entered into a consent agreement with the New York State Department of Financial Services (“DFS”) to resolve issues relating to instructions given to PricewaterhouseCoopers LLP (“PwC”) and the disclosures made to the DFS in connection with BTMU’s 2007 and 2008 voluntary investigation of BTMU’s U.S. dollar clearing activity toward countries under U.S. economic sanctions.
UniCredit Bank AG and Bank of Tokyo-Mitsubishi have processed the first BPO (Bank Payment Obligation) deal ever between Germany and Japan which is for a transaction between Töging (south of Munich) based RVT Rühr- und Verfahrenstechnik (RVT), a leading producer of industrial mixers, and Mitsui & Co. Plant Systems (MPS), a provider of plants, facilities and equipment to the infrastructure and basic industrial sector in Japan.
The International Swaps and Derivatives Association, Inc. (ISDA) today announced that 18 major global banks (G-18) have agreed to sign a new ISDA Resolution Stay Protocol, which has been developed in coordination with the Financial Stability Board to support cross-border resolution and reduce systemic risk.
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.
© Finextra Research 2014