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Mitsubishi UFJ (MTU) is bracing itself for an end to the low rate environment in Japan, saying...

Mitsubishi UFJ (MTU) is bracing itself for an end to the low rate environment in Japan, saying it will change its earnings structure to derive more revenue from derivatives and other overseas investment products rather than relying on gains from Japanese government bonds. The bank also says it will will put measures in place to offset the risk of any losses it might incur from a rising interest rate environment. Shares -1.9% AH.
Comments (2)
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    Interesting. That could be a very big deal if other major Japanese banks and big institutions follow suit.
    23 Apr 2012, 09:19 PM Reply Like
  • Ron Myers
    , contributor
    Comments (256) | Send Message
     
    So basically they are going to become a giant prop desk since there is no longer money to be made through traditional banking in Japan? Not that there really has been for some time.
    24 Apr 2012, 12:22 AM Reply Like
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