Stock Groups

Japan’s top lender MUFG posts a 76% rise in 9-month profit -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO : This signboard from MUFG Bank was seen in Tokyo, Japan on April 3, 2018. REUTERS/Toru Hanai/File Photograph

TOKYO (Reuters: Japan’s leading lender Mitsubishi UFJ reported Wednesday a net loss of 1.07 trillion yen (NYSE:). This is up from the 607 billion yen recorded a year ago.

MUFG owns approximately 20% of Wall Street lenders Morgan Stanley (NYSE:) maintained its full year profit outlook at 1.05 billion yen. This compares to the average 1.08 trillionyen estimate of 11 analysts compiled by Refinitiv.

($1 = 114.7000 yen)

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses caused by the data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]