Mitsubishi UFJ Securities HD announced an estimated 33 billion yen loss
Mitsubishi UFJ Securities Holdings, a major securities firm, has revealed that a potential loss has occurred in connection with a deal with an American customer by a European subsidiary. This situation is also occurring at Nomura Holdings and Swiss financial giant Credit Suisse, and there are concerns about the spread of its impact.
According to Mitsubishi UFJ Securities Holdings, which owns Mitsubishi UFJ Morgan Stanley Securities, etc., a large loss may occur on the 26th of this month in connection with a transaction with a U.S. customer by a subsidiary based in London. It means that an event has occurred.
You are investigating the impact on business performance, but the estimated loss as of the 29th is about 300 million dollars or about 33 billion yen in Japanese yen, and it is possible that it will increase or decrease in the future. Such a situation has occurred at Nomura Holdings, the largest domestic securities firm, and Credit Suisse, a major Swiss financial firm, since the 29th, and there are concerns about the spread of its impact.
Source: https://www3.nhk.or.jp/news/html/20210330/k10012945181000.html