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Finance

As Japan Post underwriters reshuffled, a drama unfolds

MUFG down, SMFG out in second stock sale

The Japanese government is unloading more Japan Post shares this July or later.

TOKYO -- The Japanese government has effectively demoted one big-name brokerage and fired another as lead managers for the upcoming second-round float of Japan Post Holdings shares, prompting a wave of conjecture in the industry.

Best served cold?

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