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November 14, 2012

Japan's biggest bank reports 58% profit tumble

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Mitsubishi UFJ, Japan's biggest bank, and Mizuho Financial Group on Wednesday reported double-digit tumbles in first-half net profit, owing partly to declines in their stock holdings. Mitsubishi saw its profit in the six months to September dive 58% to 290.4 billion yen, compared to 696.09 billio... FF News: Fundamental

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