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Japan's four major banks post losses of $31bn for 2002

Source: Operational Risk & Regulation | 27 May 2003

Topics: Resona Holdings, Bank of Tokyo Mitsubishi UFJ, Bank of Tokyo-Mitsubishi UFJ, Collateralised loan obligation (CLO), Financial Services Agency (FSA), Japan, Mizuho Bank, Regulatory capital, Sumitomo Mitsui Banking Corporation (SMBC)

Mizuho Financial Group unveiled the largest net loss of ¥2.377 trillion, while UFJ Group made a loss of ¥608.92 billion. Net losses at Sumitomo Mitsui...

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Japan's four major banks post losses of $31bn for 2002

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