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MUFG Securities says loss related to U.S. client estimated around $270 million By Reuters

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TOKYO (Reuters) – The securities unit of Japan’s Mitsubishi UFJ (NYSE:) Financial Group said on Wednesday its loss related to an unnamed U.S. client was estimated around $270 million, after it flagged potential losses of around $300 million a day before.

The loss will be reflected in the first quarter for the next financial year starting in April, Mitsubishi UFJ Securities Holdings Co Ltd said in a statement.

 

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