MUFG says bank's CEO will not attend Saudi conference

The CEO of Mitsubishi UFJ Financial Group's banking arm will not attend the Future Investment Initiative conference in Saudi Arabia, the group said on Sunday, joining a growing list of business executives to withdraw over concern about the death of journalist Jamal Khashoggi. A spokesman for the Japanese company said that MUFG Bank Deputy President Eiichi Yoshikawa will attend the Saudi event in place of CEO Kanetsugu Mike. MUFG said the decision was made after "evaluating factors in a comprehensive manner".

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