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Japan s top bank MUFG beats profit view, forecasts lower credit costs | WSAU News/Talk 550 AM · 99 9 FM

Japan s top bank MUFG beats profit view, forecasts lower credit costs

Japan s top bank MUFG beats profit view, forecasts lower credit costs Toggle share menu Advertisement Japan s top bank MUFG beats profit view, forecasts lower credit costs Japan s top lender Mitsubishi UFJ Financial Group Inc (MUFG) posted on Monday a 47.1per cent rise in full-year net profit, after last year s earnings were hit by an impairment charge on its units in Southeast Asia. FILE PHOTO: A signboard of MUFG Bank is seen in Tokyo, Japan April 3, 2018. REUTERS/Toru Hanai 17 May 2021 03:40PM (Updated: 17 May 2021 03:55PM) Share this content Bookmark TOKYO -Japan s top lender Mitsubishi UFJ Financial Group Inc (MUFG) posted on Monday a better-than-expected 47per cent rise in full-year net profit, after last year s earnings were hit by an impairment charge on its units in Southeast Asia.

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