Bank Of Tokyo-Mitsubishi Maintains Pole Position As Top Japanese Provider

ASIA

TOKYO--The Bank of Tokyo-Mitsubishi is again Japan's top forex provider, according to half-year results recently released.

At the interim stage, the Bank of Tokyo-Mitsubishi reports FX profits of JPY29,923 million ($281 million), placing it among the top 10 global FX players.

The bank still heads the Japanese field by a strong margin--its profits are almost double that of its nearest rival Fuji Bank. This is in spite of a 2 per cent fall in FX profits year on year from 1998's first-half figure