(Bloomberg) -- Mitsubishi UFJ Financial Group Inc. said its banking unit chief and other ... executives will take similar pay cuts. Japan’s biggest bank said in November that it had fired ...

TOKYO (AP) — Executives at a leading Japanese bank apologized and took pay cuts on Thursday after police arrested an employee who allegedly stole about 1.4 billion yen ($9 million) worth of valuables from customers’ safe deposit boxes. The thefts at two branches of MUFG Bank spanned four years and were uncovered last October.