Japan's top bank MUFG posts 34% slump in first-half profit as pandemic costs weigh

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Japan's top bank MUFG posts 34% slump in first-half profit as pandemic costs weigh

TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T reported on Friday a 34% drop in half-year net profit, hit by a surge in costs from bad debts, highlighting the impact of the pandemic across the world’s third-largest economy.
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