Japan's megabanks rake in record profits, forecast further gains
Mizuho logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration
15 May 2026 02:42PM (Updated: 15 May 2026 04:47PM)
Bookmark Bookmark Share
TOKYO, May 15 : Japan's three largest banking groups logged big jumps in annual profits to record levels and forecast higher profits to come even as geopolitical risks spur market volatility and fears grow about borrower stress in private credit markets.The end of deflation in Japan has proven lucrative for t
Japan's megabanks rake in record profits, forecast further gains
Mizuho logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration
15 May 2026 02:42PM (Updated: 15 May 2026 04:47PM)
Bookmark Bookmark Share

TOKYO, May 15 : Japan's largest banking group Mitsubishi UFJ Financial Group logged a 438 per cent surge in fourth-quarter…

The positive sentiment may not fully capture the impact from the Iran war, analysts said, as Japan's Tankan survey period ended…

Asia-Pacific markets were set to climb, tracking Wall Street gains as geopolitical concerns eased and investors looked ahead to…

TOKYO, May 15 : The Bank of Japan will raise its key interest rate to 1.0 per cent in June, nearly two-thirds of economists said…

Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings

TOKYO (Reuters) -State-backed JIC's private equity arm said its goal of driving consolidation in Japan's chipmaking sector…