MUFG controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2014
Alteration of investigation report
A subsequent settlement followed findings that PricewaterhouseCoopers had altered a report connected with the sanctions investigation. The episode generated additional compliance and professional-services penalties.
2013
Iran-related payments and United States sanctions
New York banking regulators investigated the routing of payments involving Iranian customers through a MUFG predecessor bank's New York branch. The matter resulted in a regulatory settlement and later scrutiny of the related internal investigation.
2004
UFJ bad-loan and governance controversy
Before its merger into MUFG, UFJ Holdings faced government accusations involving corruption and loans to organized-crime-linked borrowers. Several former executives were arrested in connection with banking-law violations and bad-debt issues.