MUFG reports first quarterly loss in decade on writedown at Indonesian unit

February 4, 2020 admin Business News Comments Off on MUFG reports first quarterly loss in decade on writedown at Indonesian unit

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan’s largest lender by assets, reported a net loss in the third quarter, for the first time in nearly a decade, as its banking unit booked a one-off charge on an Indonesian subsidiary.

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Source:: Reuters – Business News