Japanese Banks Show Mostly Higher FX Results For First Half-Year Period

BANKS

Japanese banks report mostly higher year-on-year foreign exchange trading revenues for the first fiscal half-year period, which ended September 30. The Bank of Tokyo-Mitsubishi once again tops the list, but Fuji Bank moves up several slots into second place, with an 85 per cent year-on-year improvement in earnings.

The earnings for the latest period were published in the Japanese newsletter International Finance on November 28. Figures were converted into US dollars using the Tokyo fixing rate on

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