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flag MUFG Bank's CEO apologized for a ¥1 billion theft by a former employee managing safe deposit box keys.

flag MUFG Bank's CEO, Junichi Hanzawa, apologized for a theft of over ¥1 billion ($6.5 million) by a former employee who managed safe deposit box keys at Tokyo branches. flag The ex-employee, a woman in her 40s, was fired after the theft was discovered in October. flag MUFG Bank is reviewing customer complaints and plans to strengthen compliance by storing spare keys at headquarters rather than branches.

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