(Update 2) MUFG Bank Cuts Executive Pay over Customer Asset Thefts

   Tokyo, Jan. 16 (Jiji Press)--MUFG Bank said Thursday that it will cut compensation for President and CEO Junichi Hanzawa and four other executives over a former employee's alleged massive thefts of customer assets from safe deposit boxes.
   Hanzawa and Chairman Naoki Hori will take a 30 pct cut in monthly pay for three months.

(2025/01/16-22:14)