Suckers wanted

8 Aug 2008 By Martin Hutchinson

Mitsubishi UFJ s purchase of the remaining minority stake in the US s Union Bank may look reasonable. But MUFJ lost the equivalent of five years of Union s profits on subprime. With better opportunities and stronger bank balance sheets in Asia, Japanese banks should focus there.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)