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Watchdog accuses MUFG bank of sharing info with brokerage affiliates

Japan's securities watchdog is planning to call for a bank and two brokerage firms under Mitsubishi UFJ Financial Group Inc to be punished over allegations they shared confidential information about customer businesses despite being refused permission, a source familiar with the matter said Friday. The Securities and Exchange Surveillance Commission… ....

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Japan finance minister says forex intervention should be done in restrained manner

Finance Minister Shunichi Suzuki said on Friday that recent foreign exchange intervention was conducted to contain excessive volatility, but such action should be done in a restrained manner.
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-June 06, 2024 at 09:01 pm EDT
- MarketScreener ....

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Japan Finance Minister Says Forex Intervention Should Be Done in Restrained Manner

Japan Finance Minister Says Forex Intervention Should Be Done in Restrained Manner
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Yen weakness persists despite Tokyo's $62 billion intervention

Japanese authorities spent
9.79 trillion yen intervening in the
foreign-exchange market to support the yen over the past month,
in moves that kept the currency from testing new lows but are
unlikely.
-May 31, 2024 at 06:39 am EDT
- MarketScreener ....

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