Top Japan banks’ profits hit record on M&A lending boom
Finance
Earnings growth expected to continue with BOJ rate hike on the table
Mitsubishi UFJ Financial Group and Mizuho Financial Group have each reported record-high net profit for the fiscal year ended March 31. (Source photos by Nikkei)
TOKYO — Net profits at five leading Japanese banking groups hit a third straight annual high in the year ended March 31 as interest income rose on the back of rate hikes.
