January 15, 2008

MUFJ sees near half-billion dollar subprime loss: report (AFP)

File photo shows a businessman walking past a branch of the Mitsubishi UFJ Securities in Tokyo. MUFJ incurred some 468 million dollars in losses related to the US subprime mortgage crisis as of the end of last year, a report said Wednesday.(AFP/File/Yoshikazu Tsuno)AFP – Japan’s Mitsubishi UFJ Financial Group Inc. (MUFJ) incurred some 468 million dollars in losses related to the US subprime mortgage crisis as of the end of last year, a report said Wednesday.

Filed under Real Estate Blog, Real Estate Business by Yahoo! News: Business - Real Estate

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