Suruga Bank ends mediation with customers over fraudulent loans, final agreement still not in sight
Suruga Bank has announced the conclusion of mediation with customers regarding fraudulent loans, but negotiations with victim lawyers are ongoing and a final agreement has not yet been achieved.
Suruga Bank's former management ordered to pay 4.7 billion yen in damages, recognizing the bank's claims - Shizuoka District Court
The Shizuoka District Court ordered Suruga Bank's former management to pay 4.7 billion yen in damages for conflict of interest arising from donations to a museum affiliated with the founding family.