• Bloomberg


Mitsubishi UFJ Financial Group Inc. had unrealized losses of about ¥5 billion on investments related to U.S. subprime loans as of the end of July.

Sumitomo Mitsui Financial Group Inc. said it recorded “several billion yen” in losses in the three months to June 30 after selling about ¥350 billion in U.S. mortgage-backed securities, including some backed by subprime loans.

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