TOKYO -- The alleged theft of more than 1 billion yen ($6.4 million) in assets from MUFG Bank's safe deposit boxes has jolted public confidence in the country's largest bank, with the crime exploiting its outdated business practice.
On Monday, MUFG Bank President Junichi Hanzawa held a news conference to apologize for the theft by a former acting branch manager. But there is one issue that the bank decline to elaborate on.
