June 2, 2023 (NO COMMENTS)

Delays on settlement produced ¥306 billion ($2.3 billion) of risk-weighted assets (RWAs) at Mitsubishi UFJ Financial Group in the first quarter of 2023 – more than fourteen times the previous quarter’s tally. This was also the largest amount recorded by a Japanese bank for at least four years, and was far ahead of MUFG’s previous high of ¥87 billion in Q3 2022. MUFG was alone among the three Japanese global systemically important banks in recording such a spike. Mizuho Financial Group