Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group all forecast record profits for the fiscal year starting in April. This comes after Japan’s central bank ended its negative interest rate policy. MUFG, Japan’s largest lender, expects a net income of ¥1.5 trillion ($9.6 billion), a 0.7% increase from the […]
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