TOKYO -- The five biggest banking groups in Japan have reported a combined net profit of 4.13 trillion yen ($26.8 billion) for the three quarters through December, reaching an all-time high thanks to overseas units and a diverse range of retail operations.
Mitsubishi UFJ Financial Group, Japan's largest bank, said Tuesday its net profit for the nine-month term jumped 35% on the year to 1.74 trillion yen, a record for the period. For the full year through March, MUFG kept its forecast at 1.75 trillion yen.
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