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Finance

Archegos fallout: Mitsubishi UFJ Securities warns of $300m loss

Brokerage becomes latest Japanese financial institution rocked by market turmoil

Mitsubishi UFJ Financial Group is Japan's largest banking group.    © Reuters

TOKYO/NEW YORK -- The stock market turmoil linked to U.S. investment firm Archegos Capital Management appears to have hit another of Japan's biggest financial groups.

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