Market Cap: $67.2 Billion
Japan’s largest bank and financial group, Mitsubishi UFJ Financial Group (MUFG), has seen its value fall by 22 percent over the past year.
In recent weeks, the bank has been trying to cope with the aftermath of the March 11th earthquake. The crisis could actually boost weak loan demand in Japan. MUFJ said it had received applications for up to $32 billion in loans in the first two weeks after the tsunami.
A joint venture unit of the bank is facing a nearly $1 billion loss from its bond trading business, according to the Nikkei newspaper.