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    Bank of Tokyo-Mitsubishi freezes Iran transactions

    Thu, 05/17/2012 - 02:55 EDT - Yahoo!

    Bank of Tokyo-Mitsubishi UFJ, which handles most of Japan's payments for oil imports from Iran, said on Thursday it had frozen transactions with Iranian banks after being ordered to do so by the New York ...

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    • Bank of Tokyo-Mitsubishi freezes Iran transactions

      TOKYO (Reuters) - Bank of Tokyo-Mitsubishi UFJ, which handles most of Japan's payments for oil imports from Iran, said on Thursday it had frozen transactions with Iranian banks after being ordered to do so by the New York District Court earlier this month. The move stems from a U.S. court decision in 2007 that ordered Iran to pay more than $2.6 billion to survivors and victims' family members of the 1983 bombing of a U.S. Marine barracks in Lebanon, a bank spokesman said. The bank filed an objection to the court ruling on Wednesday, another spokesman said. ...

    • Japan looks to central bank to pay for Iran oil: Nikkei

      (Reuters) - The Japanese government and private sector bank officials are considering a

    • Bank of Tokyo-Mitsubishi freezes Iran transactions

      TOKYO (Reuters) - Bank of Tokyo-Mitsubishi UFJ, which handles most of Japan's payments for oil imports from Iran, said on Thursday it had frozen transactions with Iranian banks after being ordered to do so by the New York District Court earlier this month.

    • Japan bank freezes Iran transactions after court order

      A Japanese bank has halted transactions by the Iranian government after a US court ordered a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut, a bank spokesman said on Thursday."It is true that we have received the order from the US court," to freeze $2.6 billion of assets, a spokesman for the Bank of Tokyo-Mitsubishi UFJ told AFP, declining to give details on the value of Iranian holdings at the bank.

    • Japan's Biggest Bank Freezes Transactions With Iran

      In an action unrelated to U.S. sanctions against Tehran, Bank of Tokyo-Mitsubishi UFJ said it has frozen financial transactions with Iran's government and central bank, as ordered by a U.S.

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      NEW YORK (Reuters) - Japan's Mitsubishi UFJ Financia

    • Japanese bank freezes Iranian assets

      Bank of Tokyo Mitsubishi UFJ moved after receiving US court order but submitted objection on grounds that court does not have jurisdiction

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    • Mitsubishi UFJ first-half profit dives 64 percent

      TOKYO (AP) -- Mitsubishi UFJ Financial Group Inc., Japan's largest bank, said first-half net profit plunged 64 percent, battered by an increase in bad loans and losses on its share portfolio....

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