MUFG posts third-quarter loss on one-time charge for Indonesian unit, cuts outlook

February 4, 2020 admin Business News Comments Off on MUFG posts third-quarter loss on one-time charge for Indonesian unit, cuts outlook

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan’s largest lender by assets, posted on Tuesday a 25.7 billion yen ($236 million) net loss in the third quarter, as its banking unit booked a one-off charge on an Indonesian subsidiary.

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Source:: Reuters – Business News