Japanese Banks Show Mixed FX Results For First Half
BANKS
TOKYO--Japanese banks report mixed year-on-year foreign exchange trading results for the fiscal first-half period, which ran from April to September last year.
The Bank of Tokyo-Mitsubishi once again leads the field by a strong margin, in spite of reporting a 13 per cent fall in FX trading profits for the period year-on-year.
Market sources say the fiscal first half was a difficult trading period for the banks because it coincided with the launch of the Japanese government's Big Bang reforms of
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