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Mitsubishi UFJ Said to Suspend Two London Traders

Two London-based derivatives traders have been suspended by Mitsubishi UFJ Financial Group Inc. (8306.TO, MTU) amid investigations into suspected manipulation of the London and euro interbank offered rates, Bloomberg News reported, citing a person briefed on the matter. The two, Christian Schluep and Paul Robson, have been put on leave, according to Bloomberg. They are former employees of Rabobank, the Dutch bank that is one of at least 12 banks involved in the investigation by regulators of allegations they rigged the rates. Mr. Schluep and Mr. Robson didn't return messages, and Shinya Matsumoto, a spokesman for the Tokyo-based bank, declined to comment on individuals, Bloomberg said. "We remain a member of the panels to which we have significant funding operations," Hendrik Jan Eijpe, a spokesman for Rabobank, told Bloomberg, but it said he declined to comment on the two traders.

Stock News for Mitsubishi Ufj (MTU)
DateTimeHeadline
09/26/201623:30:00Asian Shares Down on Europe Financial Health Concerns
09/23/201600:10:00Asian Shares Mixed; Nikkei Falls After Yen's Recent Gains
09/20/201623:20:00Asian Shares Mixed as Markets Await Bank of Japan Decision
09/19/201623:30:00Asia Shares Tread Water Ahead of BOJ, Fed
09/19/201613:30:00Union Bank Appoints Lisa Roberts Head of Private Wealth Management...
09/16/201600:10:00Asian Shares Higher, Helped by Apple Suppliers
09/14/201607:23:00ASIA MARKETS: Central Banks Hit Asian Stock Markets
09/14/201600:00:00Asian Shares Mixed on Central Bank Uncertainty
09/13/201611:20:07Report of Foreign Issuer (6-k)
09/07/201606:19:53Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/07/201606:12:04Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
09/06/201606:28:53Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
09/06/201604:47:00Asian Shares Broadly Up, But Australia Extends Declines -- Second...
09/06/201602:10:00Asian Shares Gain, But Australia Bucks Trend -- Update
09/06/201600:10:00Japan Shares Extend Gains
09/05/201623:53:00Asian Shares Mixed; Japan Stocks Gain Further
08/30/201601:20:00Asian Shares Rise on U.S. Gains and Higher Commodities Prices
08/16/201609:00:00MUFG Hires Harvey Colli to Lead Transaction Banking in Latin...
08/15/201606:11:07Report of Foreign Issuer (6-k)
08/12/201609:22:20Report of Foreign Issuer (6-k)

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