The banking unit of Japan's
Mitsubishi UFJ Financial Group Inc (MUFG) on Monday
said it would book a one-off charge of about 207.4 billion yen
($1.9 billion) for the quarter ended Dec. 31 due to a drop in
the share price of an Indonesian subsidiary.
Financial services have been too
slow to cut investment in fossil fuels, a delay that could lead
to a sharp increase in global temperatures, Bank of England
Governor Mark Carney said in an interview broadcast on Monday.
European shares fell on Monday after a
record-setting run that was fuelled by easing fears of a global
recession and optimism around a U.S.-China trade truce, with
investors now looking for concrete details on the Phase 1
Italian state-owned lender Monte
dei Paschi di Siena said on Monday it had completed
three disposals of impaired loans for around 1.8 billion euros
($2 billion), surpassing a goal set in its restructuring plan
two years ahead of time.