• Bloomberg

  • SHARE

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.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW