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KM Financial Solutions | Japan’s MUFG Bank to book $1.9 bln hit after Indonesian unit’s stock plunge
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Japan’s MUFG Bank to book $1.9 bln hit after Indonesian unit’s stock plunge

29 Dec Japan’s MUFG Bank to book $1.9 bln hit after Indonesian unit’s stock plunge

Posted at 09:37h in News by
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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.

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